Don’t Market to the 5% of Buyers Who Are Ready to Buy Today with Jon Lombardo
In this episode, Jon Lombardo , Co-Founder of Evidenza, unpacks the counterintuitive truth about B2B buying behaviour. Drawing on research from the Ehrenberg-Bass Institute, Jon reveals why most B2B marketers fundamentally misunderstand their audience. The 95-5 rule shows that 95% of potential buyers aren't in the market right now, which means the traditional focus on short-term lead generation is missing the bigger picture. Jon also explains how AI-powered synthetic research is transforming market intelligence, why B2B needs more brand building than B2C, and what marketers should do about it. If you're stuck chasing in-market buyers whilst your competitors build future demand, this conversation will change how you think about growth. Guest Introduction Jon Lombardo is Co-Founder of Evidenza, a synthetic AI market research platform that surveys AI-generated customer copies to build evidence-based marketing plans in hours rather than months. Previously, Jon was Head of Research at LinkedIn's B2B Institute, where he helped establish the 95-5 rule and commissioned pioneering research on how B2B brands grow. Key Topics The 95-5 rule: why 95% of B2B buyers are out of market at any given time, and why that matters more than the 5% who are ready to buy The 11X rule: how B2B buying cycles are 11 times longer than B2C, making brand building even more critical in B2B than consumer categories The evolution from the 60-40 rule to 95-5: how research with John Dawes from Ehrenberg-Bass Institute challenged conventional wisdom about marketing budget allocation Mental and physical availability in B2B: creating brand-relevant memories that activate when buyers eventually come into the market AI and synthetic research: how Evidenza uses AI to interview synthetic customers, delivering market research in hours that would traditionally take months Bootstrapped growth: how Evidenza launched with paying customers from day one without venture capital, growing to over 100 clients The future of AI in marketing: why AI is underrated and will transform marketing beyond what most people imagine Practical applications: how to use AI for execution whilst keeping strategic thinking human Resources & Links People Mentioned: Mark Ritson - Marketing professor, columnist, and founder of Marketing Week Mini MBA John Dawes - Professor at Ehrenberg-Bass Institute for Marketing Science Les Binet - Marketing effectiveness researcher and econometrician Peter Field - Marketing consultant and author Peter Weinberg - Co-Founder of Evidenza Brian Watroba - Co-Founder of Evidenza Jenny Romaniuk - Professor at Ehrenberg-Bass Institute for Marketing Science Rachel Kennedy - Professor at Ehrenberg-Bass Institute for Marketing Science Nicole Hartnett - Professor at Ehrenberg-Bass Institute for Marketing Science Byron Sharp - Professor of Marketing Science at Ehrenberg-Bass Institute Companies & Organisations: Evidenza - Synthetic AI market research platform Ehrenberg-Bass Institute for Marketing Science - The World's largest centre for research into marketing LinkedIn B2B Institute - Marketing think tank (Jon's former employer) Key Frameworks: The 95-5 Rule - Research on B2B buying behaviour shows that only 5% of buyers are in market The 11X Rule - How B2B buying cycles differ from B2C The 60-40 Rule - Les Binet and Peter Field's framework for balancing brand building and sales activation Subscribe to the xG Weekly Newsletter for weekly insights on B2B growth across APAC: https://xgrowth.com.au/newsletter Contact & Credits Hosts: Shahin Hoda and Vinnie Romano Guest Jon Lombardo Produced by : Shahin Hoda and Alexander Hipwell Edited by: Alexander Hipwell Music by : Breakmaster Cylinder APAC's B2B Growth Podcast is Presented by xGrowth