The Social CTO: New Study from LAB and Immediate Future Reveals C-Suite Tech Buyers’ Psychological Motivations and True SM Behaviour
Research uncovers surprising insights into today’s CTO’s social habits and reveals how marketers can use consumer neuroscience and psychology techniques to engage with senior tech buyers
B2CTO, a new study on the social media habits of senior IT and technology buyers has revealed that CTOs and CIOs over-index on the use of social when compared to their other C-suite colleagues. The study, which launches, was developed by LAB, the independent digital agency that uses a blend of consumer neuroscience, psychology and behavioural economics to design, build and market digital brands and experiences, and Immediate Future, the specialist social media agency.
The research uncovers surprising and unique insights into today’s CTO’s social habits, as well as revealing how marketers can use consumer neuroscience and psychology techniques to engage with these decision-makers.
Socially active CTOs
LAB and Immediate Future’s study shows that IT and tech buyers over-index against their fellow C-suite execs when it comes to the use of social media, with 70% using Facebook and 43% using Twitter more than once a day.
39% follow content that’s relevant to their work, and 37% use social media to network for work purposes, with 69% using chat and messaging apps alongside social networking.
The social shop window
The study reveals that senior IT buyers use social media as a place to find tech brands, with 45% following brands they like, and a third following brands they plan to buy from. What’s more, 21.5% admit to clicking on a promoted or sponsored post from a brand within the last month.
According to Tom Head, Sales & Marketing Director at LAB, “Buyers rely heavily on brand content as they research, evaluate and compile their vendor short-lists. Savvy marketers should give them what they want, with useful, attention-grabbing content which they can also share with their peers in order to position themselves as thought-leaders. Status matters to these people!”
Monkey, Lion, Dog
LAB and Immediate Future’s work shows that buyers of IT and tech products are complex and varied in their motivations. LAB’s proprietary ‘Monkey, Lion, Dog’ framework enables marketers to better understand and empathise with seemingly irrational audience motives and engage them in a way that strikes a chord.
The research revealed that the technical C-suite are mostly rational thinkers, but also quite contextually-minded. This means that while they are interested in classic business concerns such as profitability and meeting targets, they are also thinking about receiving industry recognition and being champions of change.
Read all about it
Senior IT and tech buyers like to keep up-to-date on news and current affairs. They are 38% more likely than their other C-suite colleagues to follow news organisations on social channels, and 30% more likely to follow politicians.
Facebook is the social channel of choice for IT and tech buyers. 42% of participants in the study are most engaged either interacting or contributing – on Facebook, 34% on YouTube, 33% on Twitter and, perhaps surprisingly for senior business people, only 25% on LinkedIn*.
“With these decisionmakers choosing to spend their time and energy on what have traditionally been viewed as B2C channels, it’s essential that brands communicate with them as human beings”, adds Tom Head, Sales & Marketing Director at LAB.
When it comes to the themes IT professionals are discussing on social, cybersecurity is still a hot topic, while the IoT has been superseded by more specialised terms such as AI, machine learning, blockchain, and various other smaller topic bubbles on business and robotics.
Video: the way to go
41% of senior IT buyers watch videos on Facebook, and they are as likely to watch a brand’s video on Facebook than they are to read an email newsletter. This reflects LAB’s neuromarketing research, which shows that videos are difficult to ignore because our primal brains are wired to be sensitive to movement. Using consumer neuroscience techniques enables marketers to create video which both attracts and retains attention.
Tom Head, Sales & Marketing Director, LAB, commented: “Many marketers believe that the more senior the target, the more difficult they are to reach – but our research tells a different story. Senior tech and IT buyers can be found and they’re open to brand messaging, but with so much noise on social channels, brands need to use behavioural insights to create content which gets real cut-through.”
Katy Howell, CEO, Immediate Future, added: “There was once a clear line between B2B and consumer marketing, but social is changing this. CTOs and Heads of Innovation are now as much consumers as they are high-level execs. Knowing where they go, why they go there, and what they do when they’re there, can help inform a brand’s social strategy. Creating content that senior IT professionals trust, that takes the right tone, and that is easy for them to like and share, will increase the chance of engagement.”
B2CTO used two tools to identify specific insights around the senior IT buyer:
Global Web Index (GWI) is the largest ongoing study on the digital consumer. It allows us to search, by profession, 18 million connected consumers, spanning 44 countries, and covering more than 25,000 data points, enabling us to collate global data in response to questions across all social channels, it delivers invaluable insight into not only the actions our senior IT audience take, but also their perceptions of and attitudes to social.
We also analysed social conversations of IT buyers using the intelligence tool Brandwatch, which allows us to look at the themes, behaviours, and interests of those that are active on social. By specifically identifying conversations and posts on Twitter using mention of job title in the biography, we have a dataset that spans the US, UK, France, Canada, India and Spain.
To further understand the psychology of the technical C-suite, LAB has conducted qualitative research with its home-baked psychometric tool, Monkey Lion Dog. The unique psychological test combines several well-established theories in the psychology community and uncovers the intrinsic motivations of any group of people.