If I were to ask 10 different B2B marketers what “demand generation” means, I’d get 10 different answers.
Unfortunately, there are a lot of misconceptions about demand generation in B2B marketing, but most would agree that it’s an essential part of your marketing strategy.
In this guide, I’ll clear up the confusion. I’ll give you an updated definition of demand generation, along with the components of a successful demand generation strategy. And finally, you’ll learn why demand generation is not the same as lead generation.
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Demand generation captures the umbrella of marketing programs that get customers excited about your company’s products and services without trying to explicitly sell to them.
Demand generation programs can help your organization reach new markets, promote new product features, build consumer buzz, generate PR, and re-engage existing customers. This includes things like ambassador programs, influencer partnerships, educational content campaigns, interactive webinars, and more.
Essentially, demand generation is a long-term, education-focused marketing strategy that prioritizes reaching and engaging “out of market” buyers.
The ultimate goal of B2B demand generation is remaining top of mind while your potential customers are not in a buying cycle — so that whenever the need arises, your product or service is immediately considered for purchase.
I’ve found what makes demand generation a distinct concept from other customer acquisition tactics is a commitment to long-term customer relationships and a strategic mindset.
HubSpot pioneered inbound marketing as a demand generation strategy by creating high-value educational content (blog posts, guides, webinars, and free tools) that nurtures potential customers long before they’re ready to buy. I’m biased, of course, as a writer for HubSpot, but I do believe there is a lot that we can learn from this strategy.
HubSpot offers free tools like a CRM and Website Grader, which introduce users to our ecosystem. These folks can then keep HubSpot top-of-mind when they need a paid solution. My favorite tool recently has been the AI Search Grader.
This strategy builds trust and authority over time rather than pushing for immediate conversions, making it a textbook example of long-term demand creation.
I also love when a product offers me genuine value upfront without pushing a product or sale immediately in my face.
Drift disrupted traditional B2B marketing by shifting the focus from lead capture forms to real-time conversations via AI-powered chatbots and messaging.
Instead of gating content, Drift prioritized making it easier for potential customers to get answers quickly, reducing friction in the buyer journey.
I really appreciate their approach to thought leadership content, including books like Conversational Marketing, which positioned them as the go-to brand for real-time B2B customer engagement.
Drift’s approach aligns with modern buyers who prefer on-demand, interactive experiences rather than filling out forms and waiting for follow-ups.
Gong, a revenue intelligence platform, has built its demand generation strategy around original research and data insights, often using proprietary sales analytics to create compelling, shareable content.
They publish data-backed insights on LinkedIn, in newsletters, and on their blog, providing valuable information that naturally attracts their target audience.
I’m a sucker for new data or industry-insider information, so I think their State of Revenue Growth is the perfect example of how you can use proprietary research to serve as demand gen for your product.
I think Gong’s demand generation success lies in leveraging data to educate and create authority — a winning formula for credibility and engagement.
Notion, a productivity and workspace tool, focuses on community-driven demand generation by fostering an engaged user base that creates and shares templates, tutorials, and best practices.
They encourage user-generated content through Notion Ambassadors and Certified Consultants, who promote the tool organically.
Their freemium model allows individuals to get hooked on Notion before upgrading to a paid plan, creating natural demand among teams and businesses. I can see firsthand how effective this model can be. Most everything I know about Notion is through peers who use it religiously and refer to it to me. Such an organic recommendations engine really can’t be beat.
By prioritizing word-of-mouth and community-driven growth, Notion fuels bottom-up adoption — where individuals introduce the tool to their workplaces.
Demand generation marketing is about educating your audience with no expectation in return. Meanwhile, lead generation is optimized for capturing contact information — but prematurely pushes non-solution seeking people to sales automation workflows, which is highly ineffective.
The reality is that traditional lead generation is riddled with inefficiencies, outdated tactics, and a fundamental misunderstanding of today’s B2B buyers.
Let’s explore six reasons most lead generation strategies can be unsuccessful.
If you’ve been struggling with lead generation, try HubSpot’s lead generation tool. Built-in analytics and reporting then make it easy to learn which pages, offers, ads, and traffic sources are driving the most conversions.
Is gated content an acceptable lead generation tool for demand generation?
Let’s start by looking at the biggest drawbacks of gated content:
But if you’re going to march on with gated content, it should be done for ABM warm-up and not direct response sales follow-up.
Gated content — used correctly — can offer the following benefits:
Inbound marketing is a key component of any high-performing demand generation campaign. However, this is no longer about content calendars or the AIDA framework.
Instead, it’s about alignment with sales to properly respond to a buyer’s intent to purchase (declared intent), while orchestrating and facilitating the desired purchasing experience.
Today, with inbound marketing, you are either capturing demand or creating demand.
Let’s explore what that means.
Capturing demand means responding to and fulfilling existing customer needs or wants. I find it best to show up where your target audience is already looking. Here are some resources you can leverage to make your offering easier to find:
Creating demand means generating interest and desire for your offering before customers are actively searching. I like to think of this as “soft” marketing — showing up in your audience’s space to introduce them to your brand and products. Here are some ways you can do that:
Rewind to five years ago and ask anyone about demand generation — they’d tell you it was marketers disguised as salespeople running lead generation tactics via marketing automation.
And that’s because marketing used to be a service organization to sales, until B2B executives realized that marketing should be a strategic partner — not an order-taker.
Today, outbound-focused demand generation is not about high-volume cold outreach with automated follow-up sequences. Instead, it’s about ABM (account-based marketing), the inverted marketing funnel.
I find the most successful companies recognize that sales and marketing must work together to educate, engage, and build relationships with potential buyers long before a purchase decision is made.
Instead of a top-down inbound marketing approach, ABM is a bottom-up marketing strategy that collaborates with sales to engage with high-quality leads and target accounts during complex B2B sales cycles.
Revenue teams have learned that full-funnel marketing with a hybrid mix of inbound, outbound, and lifecycle marketing is the right balance for a high-performing demand generation program.
Your demand generation marketing efforts should be guided by a north star: lead quality.
In addition to understanding key SaaS metrics, I’ve gathered some important questions to ask:
Digital marketing has evolved away from direct response, lead generation focused marketing campaigns to a more holistic approach that covers brand awareness, demand nurturing, and demand capturing across the entire sales funnel.
With this in mind, I think it’s worthwhile to think about the CTA buttons on your website — and what constitutes declared intent versus assumed intent.
Run a “declared intent audit” to check if assumed intent leads are being treated as declared intent. If yes, that’s a clear misalignment of sales experience and buyer expectations.
I think this is the decisive test which confirms if your marketing team truly understands the customer journey — a critical component of any demand generation program.
Once you’re acquainted with your buyers’ needs and can anticipate marketing trends, you can fuel your marketing programs with enhanced levels of personalization.
To begin with your demand gen strategy, get to know your customers and conduct qualitative research through user feedback and conversations. If you’re struggling to understand your prospects’ needs, pick up the phone and ask.
Our free ebook below, “An Introduction to Lead Nurturing,” is a great starter guide to converting website visitors into leads for your business. I like it because it offers practical advice and clear guidance on lead generation essentials, including building an SEO strategy to attract leads, lead scoring, and nurturing techniques.
Then, from there, if you’re looking for a place to start, I’d recommend marketing automation software. It can help you run A/B tests, choose the right content, and customize timing for each of your marketing campaigns and customer segments.
Editor’s note: This post was originally published in January 2014 and has been updated for comprehensiveness.