In any marketing activity, there’s significant differences between the audience, the messaging, and the channels you use to connect. We’re a B2B agency so we focus on connecting one business to another, and factor in a range of features like extended buying cycles, an educated audience and multiple decision makers to make that possible.
In this blog, I’m going to explore the key differences between B2B (business to business) marketing and B2C (business to consumer) marketing.
These differences impact the strategies, execution, and overall dynamics of the entire organisation & its marketing. They shape how marketers approach their audience with nuanced campaigns that deal with a range of factors from the complexity of decision-making processes to the relevant creativity employed in communications.
Each type of marketing has its own unique challenges and focuses, and I’ll explore some of the biggest and most impactful challenges below.
What is B2B Marketing?
Contrary to popular belief, B2B marketing targets individuals every bit as much as B2C, the difference is what happens next. B2B marketing focusses on the needs, interests, and challenges of individuals who make purchases on behalf of an organisation. Those challenges are assessed by multiple decision makers – the Decision-Making Unit or DMU – and analysed by educated people from a variety of perspectives before any purchasing decision is made.
In short, no-business makes major buying decisions on impulse. Business problems are analysed, solutions identified, and potential suppliers are interviewed. This process takes time with some buying cycles stretching into years, so B2B marketing is characterised by longer sales cycles, a smaller customer base, more decision makers, and the necessity of building strong relationships between brands.
It’s also worth noting that around 80% of the buying cycle is complete BEFORE a potential customer contacts a supplier. This stat alone makes B2B marketing invaluable to growing businesses.
Characteristics of B2B Marketing:
- Complex Decision-Making Processes: Unlike B2C, B2B transactions often involve multiple stakeholders and layers of approval before a purchase decision is made.
- Focused Content: The content must be detailed and rich in information to educate the buyer thoroughly about the product or service.
- Emphasis on Relationship Building: Long-term relationships are crucial in B2B markets to secure repeat business and referrals.
What is B2C Marketing?
I won’t tackle B2C marketing in detail here (there are literal books on the subject) other than to characterise the main difference between the two types of marketing.
B2C marketing targets individual consumers who are purchasing for personal use. It aims to convert prospects into customers swiftly, and focusses on larger markets than B2B.
Characteristics of B2C Marketing:
Emotional Decision-Making
B2C marketing often appeals to consumers’ emotions to drive purchases. B2C is essentially a DMU of 1 or 2, so it’s easy to buy into a products emotional appeal. This is deliberately offset in a B2B setting by larger decision groups and multiple skill sets.
Quicker Purchases
Sales cycles are shorter, often resulting in immediate purchases. Larger purchase may take months (like a house), some may take weeks (like a car), while other buying decisions may be just a few seconds (like a snack or drink).
Broader Target Audiences
B2C marketers often cast a wide net to attract a diverse customer base. Whilst there may be only a few hundred potential customer for Airline Seating, there are billions of potential customers for an iPhone.
Key Differences in Marketing Strategies
While B2B and B2C marketing share some common tools and techniques, the application and outcomes can be vastly different:
1. Marketing Messages
– B2B: The messaging is more informational, rational, and professional. B2B marketers need to address the logic and benefits of their purchases with a focus on business value. This can lead to the idea that “B2B is boring” but a good agency (like us) will still understand the value of good creative correctly applied.
– B2C: The messaging is more straightforward and emotionally driven, often aimed at solving a consumer’s immediate problem or fulfilling a desire.
2. Channels Used
– B2B: Exhibitions, LinkedIn, email marketing, SEO, PPC and host of specialised trade platforms are all popular channels, as they allow marketers to reach a professional audience. The key to your media selection is knowing where your audience is available, and when. For example, you may rule out social media, but you can get good results connecting with your audience outside of office hours, when their ‘guard is down’ so to speak.
– B2C: Platforms like Facebook, Instagram, TikTok, YouTube, TV, Radio and other consumer-focused media are preferred for their massive reach and engagement capabilities.
3. Customer Relationships
– B2B: Relationships are cultivated over a longer period, with a focus on creating professional trust and credibility. Whilst research and the first stages of the buying process are often carried out online, the ‘final mile’ is completed by an experience Sales Team. This is less true in e.g. a low value SaaS market where monthly subscriptions are purchased online, but much more so in a manufacturing industry where expert knowledge is needed to help complete the sale.
– B2C: While customer loyalty is important, the relationships are typically less personal and more transactional.
4. Buying Motives
– B2B: The buying decisions are more logic-driven, focusing on ROI, efficiency, and expertise. There are typically 3 parts to a DMU: a project initiator (e.g. Design Engineer), a project manager, and a purchasing or finance manager.
– B2C: Purchasing is often impulse-driven or based on desire for an individual, making emotional appeal a strong tool in B2C campaigns.
Marketing B2B vs. B2C in Practice
Case Example in B2B: A SaaS company may use detailed case studies, white papers, and free trials to attract business clients, emphasising the long-term benefits and cost savings over time.
Case Example in B2C: A fashion retailer could launch a flashy social media campaign featuring influencers to generate buzz and encourage immediate purchases from consumers.
Image: Beach Marketing’s B2B Advertising for client Mea
Business to Business Advertising vs. Business to Consumer Advertising
The approach to advertising in B2B and B2C markets can also reflect their inherent differences:
B2B Advertising
It’s often content-heavy, requiring detailed explanations of product functionalities and the business value they offer. Trade shows and webinars are commonly used platforms. B2B also requires a more in-depth marketing ecosystem designed to allow users to explore products and services in greater detail as they move through their own buying process. For example, advertising is fantastic for raising awareness, whitepapers are great at building trust and authority, whilst exhibitions help make face to face contact.
B2C Advertising
This tends to be more visually appealing and broad-reaching, utilising television, online ads, and print media to quickly grab the consumer’s attention and make a decision.
Here's your 7 key takeaways:
- A B2B target audience is generally more educated in their field.
- A B2B decision-making unit generally consists of more than one person (the bigger the purchase cost or more visible the purchase, the people are likely to be involved).
- B2B audiences are generally more logical and methodical in their decision process.
- The buying cycle is muuuuch longer, often taking several months or even years.
- Personal relationships count a lot more than B2C.
- The best channels may surprise you.
- RoI (also known as payback) is a must.
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