When establishing a business, it is important to identify your business model and establish the right touchpoints. Identifying the typical customer journey for both the business-to-business and business-to-customer business models is crucial. One thing you must know is that the customer journey for each of these aspects will vary significantly.
B2B companies have a large and complex sales cycle. On the other hand, B2C marketing is all about effectively bringing customers to the finish line. Understanding more about B2B vs. B2C can help identify businesses and help them make a purchase decision.
What is a Customer Journey?
Customer Journey mapping usually maps the different opportunities that potential customers have to interact with your brands. It is one of the most common exercises that businesses follow to understand their customers’ preferences. This helps brand strategists gain proper insights to drive engagement and increase sales.
The customer journey will manage customer experiences across different touchpoints. It determines the presence of your brand across different funnels and crafts a unique experience for every customer at each juncture. This will eventually play an important role in enhancing customer interactions and experiences.
What is the Importance of B2B vs B2C Marketing in Customer Journey?
While mapping customer journeys, it is important to analyze the benefits of B2B vs B2C marketing. Several customers are on the journey to ensure that the customer experience stands out, especially from the competitors. It helps deliver exceptional customer service and ensures your business becomes renowned.
Some of the key benefits through which B2B vs B2C customer mapping can be crucial for your business include the following:
- Understand the high-converting marketing channels along with different touchpoints.
- You can align your services and products across different departments.
- Enhance your customer engagement and loyalty.
- Bring across retention and contract renewals.
- Improve overall customer experience.
- Enhance brand reputation by conveying the right message.
- Reduces market costs by removing wasteful spending.
What are the Stages in the Customer Journey?
The key stages in a customer journey include the following:
- Awareness: First, you need to create awareness among the customers about the problem. Address their pain points and ensure that research for their solutions has begun.
- Consideration: Show consideration to the customers. Let them know that probable solutions for their problems are being researched, along with some comparisons.
- Decision: The next step is when the customer wants to purchase a product or service, especially for solving the problem.
- Purchase and Use: The customer will purchase products and services from the business and then use them accordingly.
- Post-purchase Support and Retention: The customer will engage with your support team to receive the necessary support. This is done to ensure that they can purchase more products and services.
B2B Customer Journey Mapping
B2B customer journey mapping is usually done to build long-term recurring sales. However, it can be very complex as it involves multiple stakeholders, touchpoints, and decision-makers.
Some of the key stages for B2B customer journey mapping include:
- Awareness: The customer will identify a requirement for streamlining business operations and then task a particular employee to find the right solutions. To cater to this, the assigned employees will look into the company’s current needs and processes and set the business goals for the project. Throughout the process, they learn what tasks can be automated.
- Consideration: Now, the customer begins researching ERP solutions. Depending on the scale of the project, this stage will involve multiple stakeholders. Further research is conducted with customers and potential vendors to gather more information.
- Decision: The prepared shortlist will contain all information about the quotes. During this stage, senior management will decide whether to proceed.
- Purchase and Delivery: Once the customer chooses the vendor, they must sign a contract with them. Then, the ERP services are implemented. Multiple employees may be involved in this stage.
- Support: Support is crucial in offering customer journeys and achieving retention. It may include upselling additional features along with functionality.
B2C Customer Journey Mapping
B2C customer journey mapping is slightly less complex and complicated than that of B2B. The main goal in B2C customer journey mapping is to ensure that it determines the conversion. The journey mapping will be slightly simple since B2C involves focusing on one customer.
Here’s how to conduct proper B2C Customer Journey Mapping:
- Awareness: The customer will become aware of the product through different modes of advertising, such as social media or traditional methods like word of mouth and ad banners.
- Consideration: The customer will now start considering your product as they need to purchase it. They will mention the product in their list and then check for available discounts and promotional codes. Once found, they will move ahead with it.
- Decision: When customers are in dire need of a product or service, they will decide to purchase it. However, in making the final decision, they will consider factors like brand loyalty, pricing, and promotions. Each of these factors will play an important role in influencing their overall purchase decisions.
- Retention: When customers have a positive experience with your product, they will decide to use your products and services only. Not only will you gain a loyal customer, but they will also help drive new customers by recommending your products.
B2B vs. B2C Customer Journey Differences
When you’re comparing B2B vs B2C, know that there are several differences between the two. While they may be considered to be similar in several aspects, the customer journey mapping process can be slightly different.
Here are the main B2B vs B2C customer journey differences that you may have to consider as a marketer:
B2B Customer Journey | B2C Customer Journey |
Involves multiple decision-makers who are driven by business needs and logic. | Primarily involves a single decision-maker, who is driven by emotions, and individual preferences. |
Longer, complex sales cycles that may take months or even years. Multiple touchpoints and follow-ups are required. | Shorter sales cycles, often completed in minutes, hours, or days. Consumers typically make faster decisions. |
Relies heavily on personalized outreach through sales teams, formal presentations, and detailed proposals. Involves email, meetings, and demos. | Focuses on digital touchpoints like websites, social media, and apps. Channels include advertising, product reviews, and influencer marketing. |
Requires highly technical, detailed, and often industry-specific content (white papers, case studies, ROI calculations). | Requires engaging, simple, and easily digestible content (videos, product descriptions, user reviews) that appeals to emotions. |
B2B vs B2C Examples: Customer Journey
While mapping customer journeys, it is important to analyze the B2B vs B2C examples. Here are some major things to consider:
- B2B: Any software company wants to acquire a CRM system. The decision process may be complex, and it will involve researching vendors, participating in meetings, consulting with internal teams for price negotiations, and then getting final approval from senior management.
- B2C: If an individual wants to buy a laptop, they will research it online, read reviews of the product, visit eCommerce sites/stores, test the model, and then buy it immediately.
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Final Words
B2B vs B2C can be a challenging domain to venture into. When you aren’t familiar with how to move forward, it is extremely important to analyze between the two to find the best business model. However, note that each can be significantly helpful in driving business revenue and profits. Now that you know about them, you can make intelligent decisions.
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FAQs
What is the difference between B2B and B2C?
The main B2B vs B2C customer journey is how the people experience the supply of products. It helps promote communication and speed and complexity in sales cycles.
What is the B2B customer journey?
The B2B customer journey usually follows a structured process, especially in terms of identification and driving post-purchase advocacy. This thereby brings about understanding in distinct stages to create awareness, decision-making, retention, and advocacy.
What is B2B vs B2C marketing service?
B2B customer experience is usually focused on the experience of the company, from its companies to its employees. On the other hand, B2C marketing customer experience will be focused on ensuring a good experience for every consumer.