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MenuWhat is the best marketing strategy for a web-based b2b and b2c platform? we have two options (described below)
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I would go for the direct client contact-approach for several reasons:
- It sounds like you are still searching for exact client requirements. You will get those from talking to the clients directly.
- You are not sure, whether your clients are enough tech-savvy that redd-it makes sense. This puts a significant downside to approach no 1, where you would let your competitors understand your product but risk having no clients.
So unless you need to create cashflow quickly, and therefore need to scale fast, I would go for the safer solution and interact with clients directly. No problem assessing their tech-savviness, so you can move to an electronic platform, where growth will be faster after you have made sure, that your clients will be there as well.
Let me note here, that the direct approach probably works best for b2b. b2c is hard work directly, so probably the webbased marketing would work there. But still the clients must be there, so you could start of with a b2c-test directly to gain knowledge.
Good luck with approaching your target group. If you would like more dialogue on this, I will be happy to talk more.
Best regards
Kenneth Wolstrup
Anna,
Love ❤️❤️❤️ that you've thought about the pros and cons of each option. I'd love to chat with you on this.
My question to you is why can't it be both? I don't see finance or money invested the issue listed. Both options time is the variable.
I noted that there's an assumption that Reddit option will just take off. Hopefully it does, but maybe it won't. In the event it does not go as plan (lack of engagement), I'd recommend doing both.
If for any reason, both is out of the question and either/or is our final opportunity. I'd go direct and be patient with organic growth. It will allow you to properly care for each and every one to one opportunity and address concerns on an individual basis.
I'd also recommend with this strategy that when you receive a big win (testimonial) I would video record the customer OR get a picture of them with a statement you can use and repurpose that win on a blog, social media, Slideshare etc. I would put those on as many FREE platforms that bandwidth can handle.
Feel free to call me or connect on my LinkedIn if you'd like more help.
Frankly: You're looking at this backwards.
Both of your approaches are based on interrupting a prospective customer rather than delivering value upfront and letting them knock on your door.
Not knowing your product, platform, or purpose, I assume that you offer some sort of solution to a problem facing customers?
Go out and answer every question on Quora, Clarity, MosaicHub, LinkedIn, Twitter and every forum where people are asking about the problem you solve. Answer their question and watch your traffic grow exponentially.
It is not about finding customer for your product, it is about offering the solution to their problem.
In fact, in 2018, B2B eCommerce sales surpassed $1 trillion. The fact is that B2B eCommerce marketing strategies have changed in recent years. Given the blurring of lines between industries, many sellers could do with an upgrade to their B2B eCommerce marketing strategies, particularly during this crucial period. If sellers want to take advantage of the digital opportunities that currently abound, increase sales, and outperform their competition, it is critical to elevate marketing efforts to new heights as others hunker down. No matter if one is discussing writing product descriptions that sell or driving revenue with content, excellent copy is what earns a retailer visibility, motivates clicks, educates visitors, and inspires consumers to convert. When it comes to B2B organizations, content is possibly even more critical than in the B2C sector as B2B buyers consume an average of 13 pieces of content before deciding on a vendor. Given that shoppers cannot hold, touch, feel or smell a product when browsing options online, they are largely dependent on what a business claims and what its customers have to say, with the latter being weighted more heavily. This is the exact reason why so many merchants leverage product reviews to increase eCommerce sales. As far as B2B eCommerce marketing strategies are concerned, product reviews and testimonials are crucial as buyers are more discerning due to the average order size being more substantial than with B2C transactions. Conversion rate optimization is a critical B2B eCommerce marketing strategy for increased sales. The fact of the matter is that if sellers do not know how customers are interacting with their sites, then boosting sales in a sustainable way is extremely difficult. To increase sales in a long-term way, merchants should consider deploying some eCommerce marketing tools that will help max out revenue, such as CrazyEgg or Hotjar. B2C companies often target more consumers across a wide variety of demographic, psychological, and socioeconomic classes, groups, and factors. B2B strategies tend to address much more narrow, focused, carefully calculated markets. Though B2B buyers are also consumers, they are targeted based on work-related variables and with different approaches than B2C. The intent of B2B marketing is to meticulously move contacts into prospects and eventually to buyers and loyal users. There has been a notable rise in an education and informational component to B2B marketing strategies in the last decade, where brands are seeking to prove their value by helping instead of selling. But content marketing is also gaining popularity in B2C, too. Elemis recognizes that education is an essential component to their customer experience. B2C marketers must sell their brand by creating catchy but lasting messaging that ensures the brand remains top-of-mind when consumers decide they need or want to buy. The brand has transformed its shopping experience, giving the consumer everything he or she needs at their fingertips. Success in B2C marketing means forging emotional connections with consumers. And today, online commerce is exploding. For a high-performing B2C marketing strategy to work, you must be familiar with the psychology of customer decision making. Once you understand how consumers think when they are in the market to buy, the next step is to attract and convert.
Besides if you do have any questions give me a call: https://clarity.fm/joy-brotonath
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What companies have successfully implemented both B2B and B2C products or services? Which should I start with for the non-profit sector?
I would suggest the first question to ask is "what problem do I solve?" And of those people I solve problems for "who do I create the most value for?" In the non-profit world you need to add "How does my business help the non-profit run better and/or help the group the non-profit focuses on?" For example, if you've created a platform that drives donations, your company "has created a platform that helps you reach fundraising goals faster." What you don't want to do is market and sell to B2B and B2C audiences simultaneously. They have different ways of buying - a B2B audience needs to have their benefits quantified (using your thing makes me x amount more) - and it's extremely hard for a startup to be able to do both well. Better to start with one, execute really well and move into the other. Feel free to give me a call and we can dig into who your most valuable audience is.AV
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I don't even know how to answer this. Do you know what the difference between McDonalds and the local burger joint that is filing for bankruptcy is? It's marketing. McDonalds is worth billions of dollars not because of the quality of their food, but because of their marketing. Marketing is not an expense. A janitor is an expense. Your computer is an expense. Marketing is an INVESTMENT. Would you shop around for the cheapest heart surgeon? Of course not. Because you would likely end up dead. Why, then, do you shop around for a marketing expert? Are you ok with your company going bankrupt? Is that worth the small savings to you? No. Of course not. Hire someone who is good at marketing. Hire someone who knows what they are doing. Buy yourself a Lamborghini with your profit the first quarter. Get a beach house in hawaii. Grab a yacht. Or, try to find your business the cheapest heart surgeon you can and then spend the next five years wondering why such a solid business idea failed in the first 6 months. I'm passionate about this exact topic because all those statistics you read about "70% of businesses failing in two years" are solely because of horrible marketing.AM
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I have this social media idea,but no coding skills. How do I get someone to do the coding (cant afford to pay them) and not give away half of my idea?
Dilip was very kind in his response. My answer might be a bit on the "tough love" side. But that's for you to decide. My intention, just for the record, is to help you (and those like you) on your path to success. And that starts with having a viable philosophy about entrepreneurial-ism and business. And I'm going to answer this because I get asked some form / version of this question very frequently from newcomers to entrepreneurial-ism. The scenario goes something like this: "I have a great idea. It's amazing, I love it, and I just KNOW it's gonna make me a ton of money. But I have no money right now so I can't afford to (fill in the blank with things like "to build it / create it / market it / etc" or "to hire the required staff needed to work in my business to sell it / develop it / etc"). And I don't want to tell anyone about my great idea because I'm worried someone will steal it and make MY million / billion dollars. But I can't afford to legally protect it either... So how do I launch without the skills to personally create the product AND no money to hire anyone else to do that either??" The answer is ... You don't. Look - let's be honest. All you have is an idea. Big deal. Really. I'm not saying it's not a good idea. I'm not saying that if properly executed it couldn't make you a million / billion dollars... But an idea is NOT a business. Nor is it an asset. Until you do some (very important) initial work - like creating a business model, doing customer development, creating a MVP, etc - all you really have is a dream. Right now your choices are: 1. Find someone with the skills or the money to develop your idea and sell them on WHY they should invest in you. And yes, this will mean giving up either a portion of the "ownership" or of future income or equity. And the more risk they have to take - the more equity they will want (and quite frankly be entitled to). 2. Learn how to code and build it yourself. MANY entrepreneurs without financial resources are still resourceful. They develop the skills needed to create what they don't have the money to pay someone else to do. 3. Get some cash so you can pay someone to do the coding. You'll probably have to have some knowledge of coding to direct the architecture of your idea. So you will likely still have to become knowledgeable even if its not you personally doing the coding. (This is not meant to be a comprehensive list of options... And I'm sure some of the other experts here on Clarity have others to add - and I hope they do) To wrap up - Here's my final tip to you that I hope you "get"... It's FAR more valuable to have an idea that a very specific hungry crowd is clamoring for right now - One that THEY would love and pay you for right now - Maybe even one they'd pre-order because they just have to have it - Versus YOU being in love with your own idea. [Notice I didn't say "an idea that some as-of-yet-undetermined market would probably love"] I wish you the best of luck moving forward.DB
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This is not my specialty, however, I have been in your position many many times -- maybe this will help. If the product is in-tangible, then look for JV partners on the Internet. Try to find an expert that deals with these JV opportunities (like me). If the product is physical, then look for sales organizations that have networks of sales people across the country. You do the deal with the organization and the independent network of sales people sells your product. It's a sweet setup if you can negotiate a margin that works for everyone. Hope that helps - Cheers - NickNP
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