Different Strokes for Different Folks: Marketing to B2B vs. B2C

How to Sell a Knife

I’ve always found Cutco’s business model fascinating. If I had to try and sell kitchen cutlery door to door, knives wouldn’t be my first choice (for various reasons). So say what you will about Cutco’s high school and college sales reps—they they know how to sell knives.

The fact that Cutco’s business model holds up at all is a testament to their targeted marketing. They know they’re a B2C knife company—they’re the only one I can think of—and so they market their knives differently than B2B knife brands like Shun or Zwilling that sell directly to stores.

Which brings us to the topic of this blog post.

Marketing to B2B vs. B2C

Marketing of all kinds has only one goal: sales.

The strategy used to achieve those sales, however, differs when marketing to other businesses versus directly to consumers. While B2B marketing is more relationship driven, B2C marketing is more product driven, and these factors need to be taken into consideration when creating a comprehensive framework and strategy.

Who are you talking to, again?

As we’ve talked about before, finding your ideal voice is crucial to business success. Your B2B voice should probably be mature, professional, and knowledgeable. When writing for businesses, you have to consider all of the people you need to sell your product to before reaching the decision-maker. This can include managers, directors and even the C-suite.

On the other hand, your B2C voice could be very colorful or conservative depending on who you’re targeting. After all, there are a lot more individual customers out there than there are businesses. Keep in mind that when writing for consumers, you’re typically only talking to one person—the decision-maker.

Are you speaking their language?

The right content types differ for B2B vs. B2C marketing strategies as well.

In B2B marketing, longer, more technical pieces fare better than the personable, pithy pieces that are staples of B2C writing.

In fact, according to research from the Content Marketing Institute, the most popular content marketing methods for B2C brands are:

  • Social media
  • Illustrations and photos
  • Newsletters
  • Videos
  • Blog posts

B2C tactics revolve around engaging and delighting the individual consumer. In contrast, another study from the same institute identified the most important B2B Marketing tactics as:

  • In-person events
  • Webinars/webcasts
  • Case studies
  • White papers
  • Videos

The B2B tactics revolve around creating relationships (e.g., through in-person events, such as conferences or trade shows) and developing an authoritative brand (through highly detailed thought leadership content, including white papers and videos).

Takeaway: the decision-makers at businesses make decisions based on logic, rationale, and budgets, while general consumers are more impulsive and make decisions based on their emotional state.

Are you ready to create your own strategy?

It’s not complicated to  figure out how to tailor your marketing strategy to meet your needs, even when considering B2B vs. B2C. When creating a strategy, consider:

  • Generalized vs. Tailored: B2C businesses can afford to talk to a large audience. Consumer purchase decisions are usually based off simple needs, while business purchase decisions are usually very specific, and need to fit the complex needs of an entire business.
  • Emotional vs. Logical: Decision makers at businesses are focused on budgets, benefits, and efficiency. Consumers are focused on happiness.
  • Engaging vs. Valuable: (Most) consumers don’t spend hours and hours trying to decide whether to buy from one company or another, but you’d be hard pressed to find a  business that doesn’t vet all its vendors. Businesses want to see that they’re buying from professionals that understand and care about their specific needs, while consumers want to know they’re buying from a brand that has the same values.

 


Marketing Resolutions for Your Business (and Yourself)

It was once again mid-December, and I was once again sitting and trying to come up with a list of resolutions. While going through some of the most common resolutions: get healthy, do more for others, etc. it hit me: these are great marketing resolutions, too.

Resolutions are a great concept. They give you focus for the year and motivate you to get more done. So often our work lives overlap with our personal lives—wouldn’t it be easier to just make one set of resolutions?

Resolution #1: Lose Weight and Get in Shape

This is everyone’s perennial favorite, and for good reason: when you’re in shape, you feel at your best. It’s the same for your business. One of your marketing resolutions should be to lose dead weight and make healthier business choices.

This year, instead of indulging in every marketing tactic out there, concentrate on the ones that will strengthen your business. Does your accounting business need a Pinterest? Probably not. Do you need to 

Instead of sending out quick emails and posts that get you through the day, work on campaigns that will carry you into the future.

Resolution # 2: Think About Others

Long gone are the days where a simple HTML website was enough to impress a client.

These days, it’s all about user experience. Consumers have grown to expect a lot from companies. User experience is no longer just about how your website performs, but how it looks, as well as how well it’s optimized for mobile.

Instead of choosing website elements based off of your personal preferences or keeping certain elements because they’ve been there since day one, think of your customer. 88 percent of online consumers are less likely to revisit your site after a bad experience.

How do you prevent that? By focusing on the little things as well as the overall experience. A user experience manager for Bing credited using a specific shade of blue for at least $80 million in additional annual revenue.

You can also just listen to your audience. Have they been asking for a search bar? A better way to contact you? Give them what they want—the customer is [almost] always right. ESPN saw their revenue jump 35 percent after incorporating customer feedback in their homepage redesign.

Resolution #3: Learn from Your Mistakes and Make Better Choices

In 2016, stop sending out tweets that get no engagement. Stop sending emails that are never opened. Stop writing blogs that are never read. Start learning from your mistakes.

Marketing is a vast and complex business. What works for one company might not work for another. A very easy and practical way to figure out what works for your business is to start A/B testing.

A/B testing in its most basic form is simple: make different versions (such as a version A and a version B) and see which one does better. It’s a near-universal practice that works on social media strategy, email blasts, landing page copy—pretty much all types of content.

By A/B testing, you’ll be able to actively compare conversion and engagement rates and use that data to figure out what resonates best with your audience. A/B testing helped ComScore increase lead generation by 69 percent, and it helped Sony increase purchases by 20 percent.

Resolution #4: Write More

In 2015, businesses (both B2B and B2C) that prioritized blogging were 13 times as likely to see a positive return on investment. Don’t miss out on a statistic like that. This year, one of your marketing resolutions should be to make time to write. 

Even if you’re not a writer, you should write more. Setting aside a just a few minutes a day to get your thoughts down on paper is not only therapeutic, it’s a great way to brainstorm, organize your thoughts and come up with the next big idea for your company.

What will your marketing resolutions be?

It’s never too late to set goals for yourself or for your company. This year, try to:

  • Optimize your web, social and physical presence to make an impact. Don’t cheat yourself out of quality leads by spreading yourself too thin.
  • Revamp your website. If you’re unsure how, follow this simple philosophy: Keep it simple. Make it easy to use. Make a great first impression.
  • Decide what works for you. Create variations and analyze data to figure out the best voice, language, and even colors for your brand.
  • Make time to write. Whether you write for your blog or for yourself, your business will benefit from a little spark of creativity.

The Past, Present, and Future of Marketing

The real skill now is learning how to pick out the useful information from all this noise. – Nate Silver

As this Entrepreneur infographic will show you, marketing has come a long way in a relatively short time.

In 1450, Gutenberg revolutionized printing. The first print magazine was published in Philadelphia in 1741. By 1839, posters were already so popular that they were banned on London properties. And less than 30 years later, in 1867, the first billboard went up.

Think about that. It took us 418 years to get from printing Bibles to renting out billboards. A glacial pace compared to the seismic shifts in today’s marketing landscapes.

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