B2B and Web 2.0 - a match made in heaven?
Jul 7th, 2007 by Hans De Keulenaer
On Marketo’s B2B marketing blog, Jon Miller asked the question whether modern marketing applies to B2B. I’ve been struggling with the same question a while, and would reply in the affirmative.
At the risk of simplifying, B2B marketing is about direct contact, sales funnels and supposedly rational buying processes (as opposed to B2C which is about mass communication, branding, a bit of seduction, …).
Internet-based marketing can complement the funnel. It’s about everything that comes before the funnel or surrounds it, i.e. buyer education, market intelligence, reputation building and even lead generation. In these area’s, modern marketing techniques hold tremendous promise to increase market presence, build B2B brands or reduce costs.
However, as soon as a lead becomes a prospect, marketing activity moves to sales mode, and conventional techniques should take over. I cannot see the sales process coming online, except for relatively ’simple’ products or services.
So the challenge of using modern marketing techniques in B2B is to eventually generate leads of sufficient quality to enter the sales funnel with a high conversion rate. And the second ‘bottom line’ is to deliver brands that are strong enough to facilitate the sales process.
branding


(1 votes, average: 3 out of 5)
Hi Hans:
Good article.
Thank you for posting your feedback in my blog.
When trying to find the good match of web 2.0 for B2B, I see the following matches:
1. Business matchmaking with buyer/seller participation
2. Lead generation
3. Reverse auction based b2b marketplace (Blog itself can be used for reverse auction bidding)
4. Sales can be concluded online
5. Buyer and Provider/Supplier rating can be done as in your blog posts.
Let me know your thoughts.
Rajesh Shakya
http://www.rajeshshakya.com
Helping Technopreneurs to Excel and Lead their Life!
I agree with your blog. But I think it is important not to count out the “online sales” opportunities for B2B companies. In fact, one of our clients (manufacturer of industrial vaccums) just upgraded their Web site to include e-commerce and had seven sales online that week alone. This is incredible for a company whose ‘normal’ sales cycle is months.