Business-to-business (B2B) marketers have one of the most difficult and underappreciated jobs on the planet. Their mission is to create memorable brands out of some downright "unsexy" products. (Have you ever tried making software, manufacturing widgets, or chemicals look interesting?)
B2B marketers must educate extremely smart potential buyers, ensure that influencers are knowledgeable about their products, and ultimately convince people they should bet their jobs on choosing their products over those of competitors. Moreover, even while sticking to a limited marketing budget, B2B marketers must provide a hungry sales team with enough qualified leads to keep their pipelines full and their families fed.
How do they do it? The best B2B marketers are successful because they start with building a brand. In other words, the best B2B marketers think like business-to-consumer (B2C) marketers.
Think Like a B2C Marketer
The first step toward thinking like a B2C marketer is to create great brand recall. Let's say you're thirsty and you walk into a store that carries Coke and DMG-Cola. You immediately reach for the Coke because you know exactly how it will taste; it is the safe choice. However, if earlier that day you'd seen a banner ad that said "DMG-Cola—Tastes Like Coke, but 100% Organic!" you may well have tried the DMG-Cola. The DMG marketer who bought that banner ad had a simple goal—not to drive someone to make an immediate purchase but, rather, to create brand recall that would influence purchase decisions in the future.
Of course, applying this method to B2B marketing is more challenging, but it can work. First, to illustrate how much more complex the B2B marketer's challenge is, let's use the same example—but in a B2B context.
Your boss asked you to buy soda for a company party, so you go to the store and spot Coke and DMG-Cola on the shelf. Even if you had seen the banner ad marketing DMG-Cola, you'd still choose the Coke. Why? Simply because Coke is the less risky decision, and many purchase decisions in a business environment are made with the goal of minimizing risk. Nobody ever ruined a party by buying Coke, but if you showed up with DMG-Cola and your coworkers didn't like it, you'd take the blame for making a poor decision that had a negative impact on the company party.
So, what would the DMG marketer have to do to convince you, as the business buyer, to choose DMG-Cola instead of Coke?
- First, she would have to build awareness of the DMG-Cola brand as in the above example.
- Then, she would have to provide examples and testimonials of others who had thrown successful company parties with DMG-Cola. She might create whitepapers and host webinars highlighting the advantages of DMG-Cola vs. Coke and other competitors.
- She would also have to influence executives at your company and your trusted peers outside the company, so they would recommend DMG-Cola around the water cooler.
- Finally, she would have to ensure this information stayed top of mind, so you wouldn't fall back on the "safer path" of reaching for Coke next time you were tasked with planning a company party.
Take the first step (it's free).
You may also like:
- Four Considerations Before Investing in AI for Marketing
- Eight Growth-Marketing Lessons From WeWork's Rapid Rise (And Its Imminent Global Domination)
- How to Use Product-Market Fit to Drive Business Growth
- Budgets, Channels, and Technologies: Stats About Marketing Today [Infographic]
- Marketers Know AI Is the Future, But Do They Understand AI Today?