Most demand problems are not budget problems. They are mismatch problems: the right message aimed at the wrong buyer, at the wrong moment, in a market that is asking a different question.
Two questions every campaign has to answer
Before you write an ad, a landing page or a LinkedIn post, two things decide whether it lands: how much does this buyer already know, and where does the whole market sit? This guide covers both, plus the timing question underneath them: how many of your buyers are ready to buy right now.
Stages of awareness: where the buyer sits
In 1966 the copywriter Eugene Schwartz published Breakthrough Advertising. Its most durable idea: before you write, know what the reader already knows. Schwartz described five levels:
- Unaware: they don't know there is a problem. Nothing looks wrong from where they sit.
- Problem-aware: they feel the pain ("our leads seem to go cold") but don't know a fix exists.
- Solution-aware: they know a category of fix exists and are working out which approach suits them.
- Product-aware: they know you specifically, and they are weighing you against alternatives.
- Most aware: they know you, like the idea, and need the right offer and an easy next step.
The rule that follows: the more aware the buyer, the more direct you can be. A most-aware buyer wants the price and the button. An unaware buyer needs something they recognise first (a symptom, a frustration, a number that surprises them) before your product means anything at all.
Where it costs you money
Paid search makes the stages visible, because people type their awareness into the search box. Symptom searches are problem-aware. Category searches such as "lead routing software" are solution-aware. Your brand name plus "vs" or "reviews" is product-aware. Your name plus "pricing" or "demo" is most aware.
Now look at where those clicks land. In many accounts it is one page, one offer and one "book a demo" button. The problem-aware searcher hits feature copy they have no context for and leaves. The ready buyer hits an educational article and has to hunt for pricing. You paid for both clicks and lost both. Google also assesses ad relevance and landing page experience as part of ad quality, and weaker quality generally means paying more for the same position, so the mismatch tends to cost you twice. We dig into this in where ad spend leaks and in our Google Ads wasted spend guide.
The 95-5 rule: how many buyers are ready now
The 95-5 rule comes from Professor John Dawes of the Ehrenberg-Bass Institute, in work published with the LinkedIn B2B Institute. The logic is refreshingly simple. Businesses tend to switch providers of things like banking, software or legal services roughly once every five years. If buyers switch every five years, about 20% are in market in a given year, and about 5% in a given quarter. The other 95% will buy eventually. Just not now.
Two things follow. First, the 5% is an estimate built on an assumed purchase cycle, not a law. If your customers renew every three years, your in-market share is higher; every seven, lower. Do the arithmetic for your own cycle. Second, whatever your exact number, most of the people you will eventually sell to are not shopping today.
That splits demand into two different jobs:
- Capturing the 5%. Be findable at high intent, make comparison easy, and respond fast when they raise their hand. This is where sales speed earns its keep.
- Being remembered by the 95%. No conversion ad makes someone buy when they have no need this quarter. The job is to be the name they already recognise, and think well of, when the need arrives. Ehrenberg-Bass calls this mental availability.
Les Binet and Peter Field's research for the B2B Institute points the same way: B2B brands tend to grow best with roughly an even split between long-term brand building and short-term activation, rather than putting nearly everything into activation. The right ratio is a judgement call; what matters is making it a conscious decision rather than a drift. And don't judge brand work by cost per lead. It will always lose that argument, because the comparison is rigged.
Market stages: where the whole market sits
Schwartz's stages describe one buyer. There is a bigger question above that: where does your entire category sit? Schwartz wrote about this too, under the heading of market sophistication. The way we frame it at Click Shift is four market stages. It is our own working framework, not published research, and each stage gives your advertising a different job:
- New: buyers are in status-quo mode and your real competitor is inertia. The job is to create demand.
- Emerging: buyers know the problem but are overwhelmed by the types of solution. The job is to define the category and how to choose within it.
- Developing: buyers compare named vendors and ask "why you?". The job is to differentiate and de-risk.
- Established: the category reads as a commodity. The job is to validate and give buyers a reason to act.
The most useful thing we can tell you publicly is this: companies routinely misdiagnose their own stage, and nearly always in the same direction. Builders experience their product as new; buyers experience it as one option in a familiar category. So teams write disruption copy for buyers who are actually comparing them line by line against three alternatives. To find your real stage, don't ask how innovative you are. Ask what is actually stopping buyers, and listen to sales calls and lost-deal notes for the answer.
Matching copy to the stage
Copywriting frameworks are plentiful: AIDA, problem-agitate-solution, before-after-bridge and more. The common mistake is using the same one everywhere, usually whichever one somebody learned first. It should follow from the market's stage and from how much personal risk the buyer is carrying. A buyer who will be blamed if a purchase fails wants proof and safety, not excitement, whatever stage the market is in.
Our full stage-to-structure mapping, with the overrides that beat the default, is part of the methodology we share with clients. A test you can run yourself: instead of testing headline variations within one structure, test two different structures against the same audience. If one wins clearly, it is telling you something about your market's stage.
Educate to differentiate
Buyers do most of their learning without you. Gartner's widely cited research found B2B buyers spend only around 17% of their buying time meeting potential suppliers (newer Gartner material puts it nearer a quarter), split across every vendor they are considering, and that a typical buying group involves six to ten people. For most of the journey, your content is your salesperson. If it is generic, you have sent a generic salesperson.
And generic is now free. Anyone can generate a competent article on any business topic in seconds, so competence no longer sets you apart. What stays scarce is what only you know: patterns from your own work, honest accounts of what went right and wrong, a point of view some readers will disagree with, and plain advice on when not to buy from you. Before you publish, ask: could a competitor publish this unchanged? If yes, it is not differentiating you. Our piece on the three voices of social selling covers where that raw material comes from.
Try this this week
- Pull your top 20 search terms by spend (or your top 20 inbound sources, if you don't run search).
- Tag each with the awareness stage it reveals: problem-aware, solution-aware, product-aware or most aware.
- Open the page each one actually lands on, and ask whether that page speaks to that stage.
- Write down, in one sentence, the main thing stopping prospects from buying. Ask two salespeople to do the same, separately. If your answers differ, you have found your first strategy conversation.
Most accounts find early-stage traffic landing on pages written for ready buyers, and fixing that needs no extra budget. For a proper review, the demand strategy audit is the place to start.
What this can't tell you
- The 5% is an average, not your number. It rests on an assumed five-year switching cycle. Renewals, regulation and trigger events can change yours.
- Stages are a lens, not a measurement. Neither awareness stages nor market stages can be read off a dashboard. They are judgements, and they are only as good as the listening behind them.
- Markets aren't uniform, and they move. The same product can face an emerging market in one vertical and an established one in another. A diagnosis from two years ago may be wrong today.
- Brand effects are slow and noisy to measure. Branded search volume, direct traffic and "how did you hear about us?" answers help, but none is as tidy as cost per lead. That is a real cost of working on the 95%, not an excuse to skip it.
- Message fit can't fix a weak offer. If the product doesn't solve the problem better than the alternatives, perfect stage-matching just helps buyers find that out faster.
Questions
What are the five stages of awareness?
Eugene Schwartz described them in Breakthrough Advertising (1966): unaware, problem-aware, solution-aware, product-aware and most aware. The more aware a buyer is, the more direct your message can be. Unaware and problem-aware buyers need you to start with a problem they recognise, not with your product.
What is the 95-5 rule in B2B marketing?
It is the idea, from John Dawes of the Ehrenberg-Bass Institute working with the LinkedIn B2B Institute, that only about 5% of potential buyers are in market in a given quarter. It comes from businesses switching providers roughly every five years. The other 95% will buy later, usually from a brand they already remember.
How should we split budget between brand and demand capture?
Binet and Field's B2B research suggests brands tend to grow best with roughly an even split between long-term brand building and short-term activation. Treat that as a starting point, not a rule. Decide the split deliberately, give each half its own goals, and report on them separately: pipeline for capture, and reach and branded demand for the 95%.
Sources
- LinkedIn B2B Institute: How B2B Brands Grow (Ehrenberg-Bass, including the 95-5 rule)
- LinkedIn B2B Institute: The 5 Principles of Growth in B2B Marketing (Binet & Field)
- Gartner: The B2B Buying Journey
- Gartner: Buyer Enablement
- Google Ads Help: About Quality Score for Search campaigns
More from the method
- Sales speed metrics: how fast you respond decides what you win
- Where B2B Ad Budgets Leak, and How to Find the Waste
- Sales Pipeline Automation Inside the Stack You Already Own
- B2B Social Selling with a Human Voice: The Three Voices
- Guardrailed AI Automation: Bounded Autonomy for Marketing Ops
- Measure marketing in pipeline dollars, not leads
- Audit before you automate: find what you are about to multiply