Although social media is seldom “easy,” there are some distinct advantages that B2B companies have over B2C brands in the social media space. Here’s a list of 8 reasons why B2B social media is easier than B2C:
1. It’s driven by relationships
B2C marketing is largely based on a product and its price. It tends to be a more impulsive or emotional buying decision than B2B. B2B purchasing decisions tend to be more involved and relationship driven, and that suits social media.
In a B2B sales cycle, businesses tend to interface directly with potential customers multiple times in order to inform and educate the prospect. Social media can play a big role in this process. Through social media you can interact with the prospect and nurture the relationship, which can ultimately influence the final purchase decision.
2. Your practices can lead to sales
Your social media practices can demonstrate your business value which can lead to purchases. Users can see that you are reliable, responsive, intelligent, etc. via your social media practices.
3. You have more control
B2B companies tend to have less people talking about their brand than B2C companies. In most cases that means less content, and B2B typically generates less negative sentiment than B2C. That means B2B companies have less content to control and less negative content to deal with. Therefore B2B companies can maintain more control over their social content which makes it easier to get their message through to the right audience.
4. B2B purchase decisions are more rational
B2B sales cycles can span months or even years. Buyers research products, educate themselves, review competition, seek opinions via referrals or recommendations and in many cases, interact with brands before making a purchase decision. B2B buyers also need the approval of one or more colleagues to make the purchase. Compared to B2C, the B2B buying decision is a much more considered process and it’s based largely on business value.
5. It’s easier to build long-term relationships
The goal for most B2B marketers is to convert prospects into customers. Because the sales cycle is longer, B2B companies need to focus on relationships as part of that process. Communication with prospects, engaging them, educating them and leading them towards purchase creates the foundation for a long term relationship. And in many situations, the social media relationship continues past the sale through support, updates and continuing education.
6. The B2B market is smaller than the B2C market
Compared to B2C, B2B is a smaller, more focused target market. Using social media to identify prospects, connect with them and start building a relationship is faster and easier in the B2B market.
7. B2B buyers trust recommendations and feedback
Because B2B purchases are typically more considered decisions, B2B buyers tend to value the recommendations and feedback they receive from colleagues and other industry professionals. Social media provides a great opportunity to solicit product feedback, which can help influence the purchasing decision of the buyer.
8. B2B content has a long tail
B2B products tend to change less frequently than their B2C counterparts, so the social content you produce for your marketing efforts will create value for a longer period of time. That can make B2B social marketing more effective (and likely less expensive) than B2C.
Do you agree that B2B social media is easier than B2C? Are there any other ways that you feel B2B social media has an advantage over B2C?