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Tag: customer-centric marketing

  • Adobe wants Marketers to Transition beyond B2B and B2C to B2E

    Adobe wants Marketers to Transition beyond B2B and B2C to B2E

    In a recent interview with Marketing Land, Adobe’s Senior Vice President of digital experience, Steve Lucas, speaks about Adobe’s unique B2E – Business to Everyone approach that will offer more enhanced and customized experiences than B2B and B2C. Here in this post, we share with you gist of Steve Lucas’s discussion with Marketing Land.

    Digital marketers carefully identify different target audiences and classify them into various segments. They then match products for each segment and decide the right channels and platforms to engage with different audience categories. Different client categories require varying approaches from messaging to channel strategy.

    However, Adobe’s Steve Lucas states that Adobe is focusing on a new approach that makes B2B and B2C classifications redundant. They are calling it the B2E – Business to Everyone.

    B2E – A More Customized Approach

    Lucas tells that the approach of classifying customers based on B2B and B2C is flawed as it makes it difficult to connect with an individual’s profile. He believes that this presents various challenges and drawbacks on how we engage with a client from a marketing perspective.

    Marketers are required to take the characteristics and behaviors of individual people on the buying team to build and define experiences that cater to everyone on the team. It’s the marketer’s role to create unique and specialized experiences that help every single customer decide that the product you are selling is the perfect fit for them.

    Steve Lucas takes the example of Amazon. He states that the world’s most popular online retailer doesn’t bucket users together at the account-level. Similarly, Abode instead of taking a single approach to market to all businesses is now using personalized and conversational chatbot aided approach to deliver tailored and customized experiences to each business.

    He also pointed out that the messages sent by the chatbot are tailored to different individuals who make up enterprise buying teams. The B2E approach used by Abode leverages real-time engagement metrics to provide content catered to each buyer.

    B2B and B2C classifications have been around for years. According to Natasha Humphrey, a strategic digital marketing consultant, it’s not possible to eliminate these designations as all customer journeys begin with a high-level approach. She believes that customization occurs later in the process.

    However, according to Steve Lucas, it’s about time businesses change this approach. He states that how businesses engage and serve customers is dictated by CRMs. So, he states that customer-centric marketing is the need of the hour.

    The Shift to Customer Experience Management (CXM)

    There’s no denying that the CRM plays a key role in helping businesses make the right decisions. However, CRM software is primarily a sales tool and not a marketing tool. It was never designed to provide unique customer experiences.

    Lucas states that by using CRM to make decisions, marketers are limiting customers into segments. He wants businesses to shift to CXM (Customer Experience Management) systems. The crucial difference between a CRM and CXM is that CXM takes a customer-first approach to marketing, helping businesses provide tailored and customized experiences.

    CXM helps businesses understand how their customers are receiving their messaging, helping them fine-tune opportunities thereby providing optimized experiences.

    Despite the explanations provided by Steve Lucas and the team at Adobe, it needs to be seen whether it’s possible to create a solution that can support highly personalized customer campaigns.

    As one of the leading Adobe Solutions Resellers in APAC, we’re well equipped to collaborate with you for building better customer experiences. Get in touch with us to know more https://www.logicserve.com/contact-us/

  • Customer-Centric Marketing – The Need of the Hour for B2B Businesses in 2019 & Beyond

    Customer-Centric Marketing – The Need of the Hour for B2B Businesses in 2019 & Beyond

    If you think that “customer centricity” doesn’t matter for B2B businesses, then you are missing out on crucial opportunities for growth and development. Here are a few reports that reinforce this point:

    With that said, only 12% of B2B marketers consider themselves as “effective” in delivering a compelling customer experience.

    Why should B2B businesses migrate to a customer-centric approach?

    In today’s digital world, customer experience is crucial. The B2B landscape is rapidly changing. Apart from product price and quality, B2B customers are looking for enhanced CX (Customer Experience). With increasing competition in the B2B market space, today’s customers are likely to shift their loyalties if they don’t get the service they require.  

    Here are a few points to keep in mind to deliver customer-centric marketing in B2B

    1. Know Your Buyers

    To provide your customers with enhanced and quality customer experience, you should first understand who you are working with. The sad truth is that today’s B2B customers are hesitant to interact with B2B salespersons.  

    As per a Forrester report, 59% of B2B buyers state that they prefer conducting sales research online, instead of dealing with a sales rep. This is because they feel that the reps are more likely to push their own agenda, instead of trying to solve the customer’s problems.

    Hence, it’s imperative that you understand the unique needs of each B2B buyer to offer them an enhanced CX. Make use of the latest data analysis tools to know more about your customers. Learn the critical factors like – the industry of the customer, their geographic focus, their point in the sales funnel, and what problems are they looking to solve.

    By understanding your customer’s goals and objectives, you are likely to provide a successful customer experience that delivers and converts.  

    2. Build a Customer-Centric Vision from Top-down

    You can score on CX at all points of customer interaction. Right from initial sales calls to delivering the product, everything is part of the customer experience.Create a customer-centric approach for your entire business. Every interaction the customer has with your business should be positive and make them feel valued.

    Excellent customer experience doesn’t happen by accident. It’s intentional and takes effort. Empower your employees to deliver an enhanced customer experience at all interactions with the customer.

    3. Deliver Personalised Experiences

    Just like B2C customers don’t want to be sold the same thing like everyone else, B2B customers hate businesses that push “one-size-fits-all” solutions.With increased competition in the B2B market space, an easy but efficient way for your B2B business to stand out is by – offering personalised services.

    Personalisation should occur at all stages in the customer journey. From establishing customer information to offering them the best product recommendations, customisation must be at the focus at all times.

    4. Embrace New Technology

    Today’s B2B customers are highly tech-savvy and roughly more than 73% of B2B buyers today are millennials or digital natives who start their company’s purchase by searching the internet. It’s essential for B2B businesses to modernise their marketing by using the latest technologies like AI, machine learning, big data and more. This helps you gain a competitive advantage over your peers.

    Using chatbots to interact with customers is a great way to ensure that customers receive the relevant and required information instantly. Work on building your database to offer customers tailored product and service recommendations.

    The possibilities of integrating new technologies in B2B marketing to deliver customer-centric experiences are endless. Keep a pulse on new technology and stay ahead of the curve.  

    5. Offer a Consistent Experience

    The backbone of delivering a delightful B2B customer experience is consistency. Consistency is not repeating the same thing over and over again in all your marketing campaigns. Instead, consistency is about delivering a uniform CX at every point in the customer journey. Consistency helps B2B customers recognise and connect with your brand.

    It’s Time for B2B Marketers to BecomeCustomer-Centric

    B2B marketing today is at crossroads and is rapidly evolving. As a B2B business, it’s essential that you take the right steps on delivering positive customer experience, and focus on becoming a customer-centric organisation, to stay ahead of the curve in 2019 and beyond.