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Business to business services need tailored marketing
If your business sells services to other businesses,
your marketing challenges are different from those of a retailer.
You don't sell goods made by other people.
You don't sell something which your market can see
and touch.
And you don't sell to individuals.
That's why strategies which work for a retailer won't
work for you.
Business-to-business services marketing is a different
game from fast-moving-consumer-goods, and even the business of selling
products to a business market.
A simplistic "sales will follow brand awareness"
approach can work in the individual consumer market, and for selling
goods to other businesses. But the marketing of services is different.
Marketing strategies for those in the business services
sector need to take into account the unique needs of each situation.
What works for one will not necessarily work for another.
So how can you "pick and mix" the most effective
marketing strategies for your business?
Here's some of the key issues you need to consider:
Target market is
your market small business, medium-sized private companies, listed
companies, multi-national corporations, government departments or
agencies, or not-for-profit organisations?
Which part of the organisation does your service benefit?
General management, HR, IT, sales, operations?
Who are the decision makers?
Is it just one person, one person with input from two or three subordinates,
one person with approval from a superior, or will it be a committee
decision?
What is the market's knowledge Do they know
exactly what the problem is? Do they know you can solve it? Or is
it possible they don't even realise there is a problem? Will you
have to educate the market about the problem before you can sell
a solution?
What are the market's value perceptions?
What are they based on?
What objections and questions are commonly raised about the type
of service you provide?
How easy is it for potential customers to make a decision?
Does a decision usually take a day or two, several weeks, several
months, or a year or more?
The answers to these questions not only define the
marketing challenges unique to your business. They give some important
clues to strategies which will work for you.
For example, if you provide high-value services to
large organisations, more than one person will be involved and it
is likely a decision will take some months.
In these circumstances you need "Pull
Marketing" strategies to generate inquiries based on the
target audience's interest in the problems that you solve, plus
"outreach marketing" which targets key organisations you
wish to do business with.
You also need a communication strategy to keep in touch
with prospects who respond to your pull marketing and those who
you actively target, while they move towards a final decision.
Once you find what your marketing
needs to do, you can develop strategies which meet those requirements.
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