Marketing for B2B vs. B2C – Similar but Different
**************************************************
Business-to-business (B2B) and business-to-consumer (B2C) marketing is different. Some people think
marketing is marketing and whether you are marketing to consumers or marketing to businesses, you are
still just marketing to people, right?
Well, yeah they are people, but a person buying a product for themselves verses buying for their company
is a very different, emotional experience. In fact, there are profound differences that you must remember
when developing your marketing activities. B2B depends on relationship building marketing efforts. Using
consumer-focused strategies to market your B2B business will, at best, just cost you money. And, in some
cases, it may cost you customers.
What is B2B and B2C Marketing
**********************************
These terms were coined to differentiate Internet commerce businesses that sold to primarily to
consumers verses those whose market are other businesses. These terms have expanded their definitions
to refer to any business who sells primarily to the end customer (B2C) or to other businesses (B2B), both
online and offline. Although the marketing programs are the same for each type of business (events, direct
marketing, internet marketing, advertising, public relations, word of mouth and alliances), how they are
executed, what they say, and the outcome of the marketing activities differ.
The first step in developing your marketing strategy for B2B is similar to the first step in a B2C strategy:
identify who the customer is and why they need to hear your message. From there, the marketing activities
diverge.
The highlighted boxes summarize the differences between B2B marketing and B2C marketing. Your
marketing plan needs to take into account the differences and ensure you are developing the right types of
activities for your particular market.
Businesses that Sell to Consumers
*************************************
B2C
- Product driven
- Maximize the value of the transaction
- Large target market
- Single step buying process, shorter sales cycle
- Brand identity created through repetition and imagery
- Merchandising and point of purchase activities
- Emotional buying decision based on status, desire, or price
The ultimate goal of B2C marketing is to convert shoppers into buyers as aggressively and consistently as
possible. B2C companies employ more merchandising activities like coupons, displays, store fronts (both
real and Internet) and offers to entice the target market to buy. B2C marketing campaigns are concerned
with the transaction, are shorter in duration and need to capture the customer’s interest immediately.
These campaigns often offer special deals, discounts, or vouchers that can be used both online and in the
store. For example, the goal of an email campaign for a B2C company is to get consumers to buy the
product immediately. The email will take the consumer to a landing page on the web site that is designed
to sell the product and make purchasing very easy by integrating the shopping cart and checkout page
into the flow of the transaction. Any more than a couple of clicks and the customer is likely to abandon the
shopping cart.
One interesting aspect of B2C marketing, however, is that many companies have realized the importance
of loyalty. Amazon, Best Buy, and Staples combine merchandising and education to keep customers
coming back. Add great customer service, and you get a winning combination.
Businesses that Sell to Businesses
*****************************************
B2B
- Relationship driven
- Maximize the value of the relationship
- Small, focused target market
- Multi-step buying process, longer sales cycle
- Brand identity created on personal relationship
- Educational and awareness building activities
- Rational buying decision based on business value
Although the goal of B2B marketing is to convert prospects into customers, the process is longer and more
involved. A B2B company needs to focus on relationship building and communication using marketing
activities that generate leads that can be nurtured during the sales cycle. B2B companies use marketing
to educate various players in the target audience because the decision to purchase is usually a multi-step
process involving more than one person. For example, the goal of an email campaign for B2B is to drive
prospects to the web to learn about your products and services. The e-mail to a business must contain
contact information for offline communications and the landing page should contain information on
features, benefits, and possibly pricing. This marketing activity is usually the first step in a longer,
integrated touch campaign that may include direct mail, telemarketing, Web casts, newsletters and follow
up by sales representatives who will discuss the businesses requirements in more detail and move the
prospect through the sales cycle. Content is king for B2B marketing and white papers, newsletters, and
coverage of your products and services by the media helps companies educate their prospects.
Akash Shrivastava [B.Tech(C.S.E)]
Software Engineer cum SEO project manager
(SEO)
AeroSoft Corp
www.asiaguidetours.in
www.aerosoft.in
www.aerosoft.co.in
www.aerosoftorg.in
www.aerosoftorg.co.in
www.aerosoftcorp.in
www.aerosoftcorp.co.in
www.aerosoftseo.com
On Line Assistence :
Gtalk : aakash.aerosoft@gmail.com
Y! Messenger : akash.aerosoft@yahoo.in
Rediff Bol : akash.aerosoft@rediffmail.com
MSN : akash.aerosoft@hotmail.com
Software Engineer cum SEO project manager
(SEO)
AeroSoft Corp
www.asiaguidetours.in
www.aerosoft.in
www.aerosoft.co.in
www.aerosoftorg.in
www.aerosoftorg.co.in
www.aerosoftcorp.in
www.aerosoftcorp.co.in
www.aerosoftseo.com
On Line Assistence :
Gtalk : aakash.aerosoft@gmail.com
Y! Messenger : akash.aerosoft@yahoo.in
Rediff Bol : akash.aerosoft@rediffmail.com
MSN : akash.aerosoft@hotmail.com


No comments:
Post a Comment