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Why Case Studies are Important for your Business

A compelling case study combines facts and experiences into a story. It is a vital, trust-building asset for your company. What do yours say about you?

When was the last time you purchased something online without at least reading some customer reviews? That would be brave. Case studies are the B2B version of online reviews. What do yours say about you and your customers? A compelling case study combines facts, numbers, and experiences into a story. It is a vital, trust-building asset for your company.

Why Case Studies?

Chances are, you read online reviews. According to research, 91% of consumers do so, “regularly or occasionally.” And 84% trust online reviews “as much as personal recommendation.” When it comes to Gen Z, 44% rely more on influencer's recommendations to make purchase decisions. We all seem to trust other people’s opinion and experience. 

It’s no wonder 97% of B2B customers say peer reviews and online testimonials are the most reliable type of content.

Case studies are the B2B version of online reviews. They provide evidence of the great work you have done. Your happy, successful clients are your influencers, adding social proof to get prospects excited about your products and services. These references help you win over more clients and build trust with them before they even contact you.

The Secret Sauce: Facts Tell, but Stories Sell

Like a resume, solid case studies should highlight key figures and facts such as percentages of process improved, revenue gained, and costs saved. These are success metrics that carry a great deal of weight. But numbers alone don’t convert. Some customers can’t or won’t share important numbers because they are confidential, or because there was no tracking in place.

All is not lost! There are still ways to produce compelling case studies. 

Quite often, your customers choose you not only because you are the best at what you do, or that your product is the best in the market. It’s because they feel more connected to you, more so than with your competitors. 

What creates this connection? Part of the “secret sauce” is storytelling. Humans are empathetic animals. We love stories, we love putting ourselves in someone else’s shoes and reliving their experiences. Stories allow us to share information and forge emotional bonds with one another at the same time. 

“The Hero's Journey” is a common storytelling template:

  1. A hero goes on an adventure, 
  2. overcomes a decisive crisis,
  3. and comes home transformed. 

A case study isn’t all that different: 

  1. A company faces a challenge,
  2. overcomes that challenge, thanks to a product or service,
  3. and is successfully different (facts and figures go here!) than before.

Secret sauce ingredient no. 2 is the tricky part: Your customer is the hero, not you.

It’s Your Customer’s Journey, not Yours

Case studies typically illustrate a problem or challenge faced by the featured client. Potential customers who are facing similar issues can recognize themselves in your hero and identify with them.  When they see how you helped your client succeed, they can project themselves into a successful, transformed future—with your help.

Highlight and celebrate your customer’s success. Yes, you played a part in it, but they are the star of the show.

It’s tempting to launch into selling mode to show how amazing your business solutions are, but doing so could be how you lose the audience. Use this opportunity to establish connection with your future clients, show them you understand their situation. No hard sell! Remember, your customers are your influencers and ambassadors. Show the readers why the hero turned to you when faced with their business challenge. And why they trusted you and your solutions. 

A laundry list of what you did or what products were used is not a journey. Tell them why you proposed this particular solution, why this product helped, and why you did things the way you did. Showcase the hero’s return (success, change, transformation), then  how you came up with the solution, and how that helped.

Highlight and celebrate your customer’s success. Yes, you played a part in it, but they are the star of the show.

Success Stories Inspire and Connect

Now, you’ve transformed some dry information—your technical approach, implementation details, the facts and figures—into a story. From safety, to challenge and adventure, and back to an even better result—inspire future customers! 

By highlighting your hero instead of featuring yourself, your potential customers can better imagine themselves starring in your next story. At the same time, they see your approach in solving problems, and the principles you operate by. That’s what wins people over way more than just a technical track record.

 

You’ve learned the secret sauce but don’t have time to cook the meal?

Let us help you. Find out more about our case study service and examples!


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Image credits: Super Mario Lego photo by Sahand Babali on Unsplash, Sriracha bottle photo by Chris Liverani on Unsplash, Boy with Glasses by Douglas Metcalf