Components of a Successful B2B Marketing Strategy
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Components of a Successful B2B Marketing Strategy
Components of a Successful B2B Marketing Strategy
Are you a business that wants to market to other businesses? If so then you are in the right place! Business to business marketing is similar to business to consumer marketing. You can use the same digital strategies and channels to acquire new customers. But if you are targeting other businesses there are a few differences in the way you will be marketing. We are going to show you how to build and implement a B2B marketing strategy that actually works!
What is B2B Marketing?
If you didn’t know already B2B stands for business to business. It’s a business that works directly with another business, not with the general public. For example, if you are a business looking to get digital marketing help and you come across an ad for LYFE Marketing. You contact us and we put together a digital marketing campaign for you. This is business to business. You then use the services that LYFE provides in order to attract your customers.
Just like B2C (business to consumer) marketing you need a B2B marketing strategy in place in order to grow your customer base and close sales!
Building a B2B Marketing Strategy
When building a B2B marketing strategy, start with your sales funnel. As a B2B company, you may have several different sales funnels. Maybe you are targeting different industries and you have personalized your funnels for each one. Whatever your sales funnel or funnels look like, it’s crucial to map out your sales cycle and how it relates to the buying journey of your customers.