Tag Archives: consumer

Which digital channel is right for me? #toomanychannels

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Sometime back, before I had created the digital strategy for my business and started its digital transformation journey, this question perplexed me. And I mean, really perplexed me! Which are the right digital channels to engage with? confused

Which, of all the digital channels should I use? Which one will guarantee me success? Facebook is on the wane should I therefore ignore it? LinkedIn is for business will I alienate people if I use it. What does a B2B need v a B2C? Is Twitter of any value…and so on.

Of course, the answer is all of them! They are all relevant and important channels to ensure the successful implementation of your digital strategy and transformation. So don’t waste too much time deliberating which one matters to you, but instead think about which one(s) you might want to start with.

To help with this, some considerations you may want to take into account

  1. Do you have a strong web site, mobile friendly, engaging etc.? Ultimately you’re going to want all move your customers to an action, and this will be either interacting with content or hopefully buying something. And that is likely to be on your website. So if your tweets or blogs are awesome, but your website is as engaging as a magnolia painted brick, you’re going to have problems. Sort out your website first!
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  2. What country are your audience in, and how does your target audience in these countries leverage and engage with the various digital channels today? This is a key consideration. Brasil for example are big on Social Media for B2C and B2B engagement. China have Weibo and don’t allow Youtube etc. So if Brazil is your target country and you were planning on using LinkedIn, you’re strategy may fail purely based on using the wrong channel. Identify your audience, where they are and what they use today.Digital snapshot
  3. What kind of content do you have/can you generate and how frequently? In this sound-bite consumption world, not all hooks catch a fish. So having frequent and different content types across the channels maximizes your chance of catching a prospective customer. Develop a content strategy, keep it simple and build in a resource plan to keep it current!(image source: http://www.garyhyman.com)contentwritingblog
  4. Can you rank the digital channels by probabilities of successful engagement? Roll out your strategy on 1-2 channels first, gauge the customer engagement, and the commitment from your side to keep the content flowing, and then add in others as your experience and ability mature. My suggestion would be not to start with your highest ranked probability of success, but to start light and less obviously  (image source: http://www.smartinsights.com)Buyersphereb2breport2015influencevsusage
  5. Finally, are you aware of current and future trends? We have some very established social channels now, but new ones appear almost daily and you need to either corner the market on them for your brand immediately or keep close tabs to see how/if they blossom. Either way, you should have a cookie cutter approach to adopting new digital channels, such that you can swiftly execute an adoption plan.

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I hope you found this of some use.

Catch you all soon.

 

Don’t look for what isn’t there. You won’t find it!

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B2B v B2C

B2B v B2C

So, my team and I are merrily rocking along the road to implementing our digital transformation strategy…swatting aside the ney-sayers, pessimists, doubters and layers of bureaucracy, with the full knowledge that my digital strategy is the only suitable strategy for the business.

However, there is one thing that puzzles me, and simply put it is whether there is any difference between a B2C and B2B purchaser. The reason I really want to understand this is because I don’t just want the strategy to work for now, but to adapt and work in 2, 3 and 4 years from now. To ensure this I feel I really need to understand whether I’m articulating a strategy for a specific B2B target, or whether in the very near future there really will just be a person with money to buy something and the channels used, experience expected and content consumed will be the same!

Why does this matter? Well I feel that if there really is a B2B buyer and their behaviour and approach to digital channels is different from that of you and I as a general consumer, then I need to ensure I’m continually feeling for that engagement. Staying abreast of the channels used and even the type of content required. However, if there is more of a merge of the two and a creation of a B2P (Business To Person), then I really need to just follow the latest trends in digital channels and adoption, “videos are in…then lets do videos!”. I like easy, and the latter sounds easier!

My personal belief is that we’re already moving to the B2P world. I really felt mid last year that the B2B consumer suddenly became more like a B2C one, leveraging and trusting more and more content online, and engaging the different and new digital channels as they did so. Will it stay that way. Is the type of product being marketed online going to be the only differentiator between a B2B and a B2C?

 

Its about the customer…but by the customer!

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A number of articles recently have talked about the importance of the customer, and the burgeoning need on suppliers to ensure the focus of marketing activities is around content that delivers value to the customer. A report out this year (The Growing Power of Consumers – published by Deloitte 2014) for example highlights the need for suppliers to (among others) move to informing and educating customers rather than just selling to them.

But is the manufacturer becoming redundant in the provision of value to the customer in the pre-purchase part of the buying journey?

Bear with me, but if I think about when I want to buy a product as a consumer (new tumble dryer as it turns out is need of the moment) it’s the customer reviews of the products that have a gigantic impact on my decision-making process. I then use various comparison sites to get the best price and finally the actual manufacturers site for dimensions etc. (unless of course these were provided earlier in the purchase journey). It seems pretty clear the value I, and others, place on a consumer review as opposed to what the manufacturers site might have to say.

However, the question I’ve not yet quite managed to answer and welcome your thoughts on, is does this carry over to the B2B world? I’m starting to think it does and that in the very very near future, no matter what product is being purchased, my guess is reviews and experience of use by peers, is going to become the single most significant input with which 90% of the buyers will seek out, trust and make a decision on! Whether it’s the final end user or sourcing department, the final decision to purchase will be based on what the collective peer group say about it.

If my musings are right (they may not be) then how many B2B’s are prepared to and looking at building, growing and supporting a site where the good the bad and the ugly is discussed in an open and transparent fashion?