B2B and B2C - Different strokes for different folks
Whether you work in a business to business (B2B) or a business to consumer (B2C) organisation, each presents a completely different set of challenges. This session examines two very different approaches to email marketing.
2023 - Between Philosophy and Practice: Introducing Yoga
Ben Johnson | EMSA 2010
1. B2B and B2C – Different
strokes for different folks
Ben Johnson
Team Lead - Business Unit Marketing
Data#3
2. B2B MARKETING CHALLENGES
Inexorably
linked to the
Sales process
Need for
earlier
engagement
Risk in
advocacy
(public or
private orgs)
Caution
around
purchase
decisions
Trust
3. THE B2B SALES PROCESS
Lead
Plan to
match
needs to
Solution
Discovery
Uncover
needs &
build
vision
Qualify
Agree
evaluate.
Qualify
need
Develop
Finalise
solution
Proposal
Present
proposal
that
meets
needs
Negotiate
Best
mutual
outcome
Close
Leverage
win or
loss
4. THE ROLE OF MARKETING
Build
Trust
Thought
Leader
Powerful
Brands
Altruism
Delivering
Insight
5. Insight Marketing
Using relevant, valuable insight to connect with customers
objectives
Challenging
• Continuously challenge
customers’ assumptions
and offer new
perspective that
increases appreciation
Permission
• Gain permission to
credibly contribute
insight on issues
adjacent to known
areas of expertise
Sequencing
• Sequence customer
consumption of
information and ideas
to lead to
differentiators
6. PRINCIPLES FOR INSIGHT
MARKETING SUCCESS
Min. Requirements
Credible
Helps people understand and pressure
test the idea
Clear
Ties back to a central, single, fundamental
idea
Concrete
Relates the idea in terms that are
meaningful and tangible to the audience
Key success Factors
Personally Impactful
Interprets the specific effort of your idea
for an individual within your company
Insightful
Illuminates unknown or
underappreciated aspects of the
customers environment
7. KEY ELEMENTS OF INSIGHT
Surprises
Sparks
Curiosity
Delivers
Value
Valuable
Insight
8. ENABLE SALES FOR SUCCESS
Outcomes
Establishing the problem Establishing the solution
Conversation Topics
Problem
Defined through
symptoms
Solution in like
terms
Proof points Value to customer
Insight - Focus Question
Role Goal
Notas do Editor
Inexorably linked to the Sales process
Need for earlier engagement
Risk in advocacy (public or private orgs)
Caution around purchase decisions
Extensive research
Internal stakeholders
Rigid criteria (RFT etc.)
Trust
Typical Sales Process in B2B
Could take anywhere from 3 weeks to 3 years
What role does marketing traditionally have in this?
B2B selling/marketing
Same thing
Linked to sales process
Role of marketing
Develop prospect pool (awareness, thought leader, SEO, leads)
Facilitate selling process (RFTs, conversion rate, opportunity pipeline)
Requirement of trust between customer - sales & communications (marketing)
Insight Marketing
Not new (58% of B2B marketers are positing thought leaders, 77% figure this is the most important tactic for 2010)
Typical buyer recieves 6 event invitations each week
Noisy
Distrust and fatigue
Insight marketing that works must
Reshape customer purchase criteria
Provide unexpected value
Be a part of a larger conversations (theme)