{"id":7697,"date":"2022-01-30T01:02:05","date_gmt":"2022-01-30T01:02:05","guid":{"rendered":"https:\/\/mailinvest.blog\/index.php\/2022\/01\/30\/classic-differences-and-similarities-matter-but-will-new-b2b-specific-trends-matter-even-more\/"},"modified":"2022-01-30T01:02:05","modified_gmt":"2022-01-30T01:02:05","slug":"classic-differences-and-similarities-matter-but-will-new-b2b-specific-trends-matter-even-more","status":"publish","type":"post","link":"https:\/\/mailinvest.blog\/index.php\/2022\/01\/30\/classic-differences-and-similarities-matter-but-will-new-b2b-specific-trends-matter-even-more\/","title":{"rendered":"Classic differences and similarities matter. But will new, B2B-specific trends matter even more?"},"content":{"rendered":"<p> <a href=\"https:\/\/go.fiverr.com\/visit\/?bta=1052423&nci=17043\" Target=\"_Top\"><img loading=\"lazy\" decoding=\"async\" border=\"0\" src=\"https:\/\/mailinvest.blog\/wp-content\/themes\/breek\/assets\/images\/transparent.gif\" data-lazy=\"true\" data-src=\"https:\/\/fiverr.ck-cdn.com\/tn\/serve\/?cid=40081059\"  width=\"601\" height=\"201\"><\/a>\n<br \/><img decoding=\"async\" src=\"https:\/\/mailinvest.blog\/wp-content\/themes\/breek\/assets\/images\/transparent.gif\" data-lazy=\"true\" data-src=\"https:\/\/b2bm.s3.amazonaws.com\/styles\/default_image\/s3\/istock-1306503806-edit_1.jpg?itok=keXF_GDN\" \/><\/p>\n<div>\n<h3>This blog is the first instalment in a series of three on B2B vs. B2C marketing.<\/h3>\n<h4>A time for reflections back and projections forward<\/h4>\n<p>As we begin the New Year, there is no better time to reflect on the classic topic of B2B vs. B2C marketing &#8211; particularly as my observations may be instructive to B2B marketers newer on the job. In my blogs I&#8217;ll document how I see the current, evolved state of B2B vs. B2C marketing as follows:<\/p>\n<ul>\n<li><strong>Classic\u00a0differences<\/strong>\u00a0between B2B and B2C marketing. I number a few, but not many, and these will inevitably endure.<\/li>\n<li><strong>Classic\u00a0similarities<\/strong>\u00a0between B2B and B2C marketing. These have put the spotlight on branding and communications as both B2B and B2C have drawn ever stronger in their commitments to excellence in the application of these disciplines; t\u2019was not always so.\u00a0<\/li>\n<li><strong>Classic\u00a0grey areas<\/strong>\u00a0between B2B and B2C still exist, but in my view stem from marketers\u2019 individual interpretations of their audiences and offerings, not from specific, systemic or consistent distinctions.\u00a0<\/li>\n<\/ul>\n<p>At the same time, I want to call out something new I\u2019ve begun to observe &#8211; something surprising, with little yet written on it (so far as I can discern). Probing the ever-developing world of B2B itself, I&#8217;ve seen perhaps more significant point-counterpoints emerging: two B2B marketing tracks &#8211; brand-based vs. CRM based. Is this the new story, the new &#8220;vs.&#8221; going forward?<\/p>\n<p>I conclude with:<\/p>\n<ul>\n<li><strong>Observations\u00a0and parsings<\/strong> of these new trends that seem to be developing along diverging paths.\u00a0<\/li>\n<li><strong>Implications and recommendations<\/strong> for how to approach the potential bifurcation.\u00a0<\/li>\n<\/ul>\n<p>As always, I invite practitioners to chime in and add, upgrade, or correct, as they see fit. So knowledge advances.\u00a0<\/p>\n<h4>Background and context<\/h4>\n<p>I began my career on Madison Avenue at Young &amp; Rubicam in 1985 doing strategic planning for B2C clients like Disney, Colgate Palmolive and Kraft General Foods. I transferred to Young &amp; Rubicam,\u00a0 Geneva in 1991 &#8211; the only office in the entire global network dedicated to B2B. And so, for 30+ years now, I have had the privilege of observing, and even driving, successive stages of progress and developments in both B2B and B2C.. Above all, I have witnessed an increasing sophistication in B2B marketing over this time, the discipline drawing ever closer to B2C marketing approaches and philosophies, and in ways, surpassing and exceeding some B2C marketers. (Think Apple, Xerox, Intel, IBM.) This was not always so.\u00a0<\/p>\n<h4>B2B\u2019s stunning evolution over time<\/h4>\n<p>I have watched as B2B businesses moved from being sales-driven to being service-driven to being relationship-driven. Cost per unit and functionality gave way to customer-focus and added-value, which gave way to people-focus, customer trust growing from marketers\u2019 genuine insights into their business \u201dpain-points.\u201d I was delighted to see B2B marketers &#8211; and their management &#8211; embracing their brands and brand personalities, weaving brand stories into their brand promises, articulating higher-order benefits, values, market impact and vision. Now more than ever, with the ability to get even closer to customers with CRM, and legitimately carve our \u201csegments of one,\u201d the B2B marketing discipline is entering newer, ever more interesting places and spaces. The quest for customer intimacy and centricity becomes more reachable with each passing year.\u00a0<\/p>\n<h4>1. <a href=\"https:\/\/www.digitalauthority.me\/resources\/6-main-differences-between-b2b-and-b2c-marketing\/\">Classic differences<\/a>: B2B vs. B2C<\/h4>\n<p>Classically, and inevitably, <a href=\"https:\/\/www.digitalauthority.me\/resources\/6-main-differences-between-b2b-and-b2c-marketing\/\">B2B and B2C differ<\/a> on the kinds of products and services each delivers to their respective target audiences &#8211; customers vs. consumers &#8211; and on the\u00a0complexity\u00a0of the selling process.\u00a0<a href=\"https:\/\/focusonforce.com\/crm\/b2b-vs-b2c-crm-comparison-of-the-difference-between-them\/\">These distinctions will not change soon<\/a>, if ever.<\/p>\n<h5>1. Products or services<\/h5>\n<p>B2B products and services are sold to other businesses. They are usually (highly) technical and are almost always &#8216;ingredients&#8217; of some sort: a chip, a fibre, a communications system for a global corporation, a med-tech device used across different hospitals, etc. They are typically &#8216;big ticket items&#8217; aimed at a small group of purchasers\/decision makers but require a long purchase cycle (&#8216;a marathon&#8217; between months &#8211; a year) and involve a long chain of command (sign-offs by management, the board, finance, procurement).<\/p>\n<p>By comparison, B2C products and services are marketed as complete entities, directly to us &#8211;\u00a0 discreet, individual end-users &#8211; although as a group we easily number thousands into millions. Items\/price points, of course, vary but our decision-times can be quite short (&#8216;a 100- yard dash&#8217; &#8211; often immediate, but sometimes, such as with a car or a home, taking months or even years). Our decisions-to-buy are usually individual, rarely extending beyond family (although complicated or higher ticket items\u00a0can generate consultations with a chain of our own networks).<\/p>\n<h5>2. Audiences: consumers vs. customers\u00a0<\/h5>\n<p>We are all\u00a0consumers.\u00a0We buy a dizzying array of products and services for ourselves and our families, to serve our individual needs right the way up Maslow\u2019s Pyramid: from quotidian \u201cbasics\u201d to other goods\/services delivering efficiency, convenience, excitement, pleasure, status, and individuality. We all get this.<\/p>\n<p>B2B target audiences in the office &#8211; customers rather than consumers. \u00a0They are always professionals or specialists working in (mostly) STEM fields \u2014 IT\/tech, engineering, chemistry, finance, medicine, etc. B2B marketers\/customers are never ends in themselves, but rather are always a \u201cgateway&#8221; \u2014 they buy, specify, sell on to a complex value chain or make purchase decisions on behalf of their organisations \u2014 passing a product along a value chain, offering systems to large global companies, providing a chip in an industrial assembly. B2B marketers are gatekeepers for hundreds to thousands of people; the end user is often a distance away in time and place.\u00a0<\/p>\n<h5>3. Complexity of the selling process<\/h5>\n<p>B2B is marked overall by\u00a0complexity \u2014 products are complicated, technical, and difficult to learn or understand, often requiring bespoke training and production of lots of technical content. Targets may be relatively few but buying groups can number 6-10 people (Gartner), who each depend on many others\u2019 inputs before decisions are made. This, of course, complicates the selling process, which can stall at any time, adds to longer decision times, and simply makes it harder and more expensive to convert a B2B customer.\u00a0<\/p>\n<p>The B2B marketer&#8217;s task is further complicated by the dense value chains they necessarily work with and sell into \u2014 vendor partners, resellers, affiliate companies, or selling to other businesses through multiple channels. Not least, the selling process is emotionally complicated \u2014 there is a \u201clot of skin in the game;\u201d purchases have to go right; a lot of money is at stake behind these \u201chigh ticket items.\u201d Thousands of people along the value chain will be affected by your purchase-decisions; careers are on the line. No wonder sign-offs are elaborate.<\/p>\n<p>Note\u00a0to\u00a0marketers entering the field: You have to be\u00a0<em>comfortable with complexity<\/em>, and fully embrace it \u2014 or hive to the B2C side from the start.\u00a0<\/p>\n<p>Note to agencies: agencies that can\u00a0<em>simplify this complexity<\/em>\u00a0for their B2B marketing clients come highly valued. It\u2019s not &#8220;selling popsicles in Peoria,\u201d as a colleague of mine used to say.<\/p>\n<h5>4. B2C selling process: Not easy, just different<\/h5>\n<p>It would be folly to think the B2C process, by comparison, is simplicity itself, a walk on the beach. The B2C marketer\u2019s task is to reach \u2014 one-by-one \u2014 ever greater numbers, generate repeat and loyalty purchases among them, convert potentials and generate exquisite social and traditional media campaigns. They must do so with multiple, integrated messages across multiple consumer segments, mindsets, and profiles that continuously fuel awareness, interest, desire, and action. And B2C marketers must do so discreetly, emotionally, respectfully, and at just the right times. It&#8217;s not a question of one being easier than the other, just different. Not convinced? Just try &#8220;selling popsicles in Peoria&#8221; sometime. \u00a0<\/p>\n<\/div>\n<iframe data-lazy=\"true\" data-src=\"https:\/\/www.fiverr.com\/gig_widgets?id=U2FsdGVkX18x7XQvttUTrv1oEqmGNGTgvvCUiUoJ\/AP4z\/UyMz8lXGOLpu15jIMxBbTR0gmD5uBoFvhC4KWeALQRp3h\/X\/AwcVD0K8Wj9H\/ZzYKzcCNHosB9oS4SCJJFWiN85P9ICAc4OgCoE\/wHKIY7CDkf2\/DQ1vqGvk4smVe5cRDEmrLPCWi4FC8p40VUhSmWQ5udCm0zoJtorgWv3vbDQw0kKYkwn39ozAnQXDe+YvWMxkLFWA+O3TFwkJvdkIK+\/AUSnRssPKt5WHY0FhNOxnSPcLslEL4G4\/RfP95ve99U+kRnDy3X+KtzdQLY+u935ghON\/o3UE4IMv9oN6JX9RnxzL\/LRcOgnHigxStSGPKsZYtnz8RWNVT\/rOLAibqiWJadC5MYHRbekF3eg6FOGrQGkXYbsn0+a5aovnlLCbLwIqY9fcS17UX8J235iQ6cdmHNbrPeS84CMm34RA==&affiliate_id=1052423&strip_google_tagmanager=true\" loading=\"lazy\" data-with-title=\"true\" class=\"fiverr_nga_frame\" frameborder=\"0\" height=\"350\" width=\"100%\" referrerpolicy=\"no-referrer-when-downgrade\" data-mode=\"random_gigs\" onload=\" var frame = this; var script = document.createElement('script'); script.addEventListener('load', function() { window.FW_SDK.register(frame); }); script.setAttribute('src', 'https:\/\/www.fiverr.com\/gig_widgets\/sdk'); document.body.appendChild(script); \" ><\/iframe>\n<br \/><a href=\"http:\/\/www.b2bmarketing.net\/en-gb\/resources\/blog\/b2b-vs-b2c-marketing-classic-differences-and-similarities-matter-will-new-b2b\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This blog is the first instalment in a series of three on B2B vs. B2C marketing. A time for reflections back and projections forward As&#8230;<\/p>\n","protected":false},"author":1,"featured_media":7698,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-7697","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech-universe"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Classic differences and similarities matter. But will new, B2B-specific trends matter even more? - mailinvest.blog<\/title>\n<meta name=\"description\" content=\"Technology is forever changing, and there are always new pieces of technology to replace obsolete ones. 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