The Five Imperatives to Drive B2B Personalization

Click here to load reader

  • date post

    08-Feb-2017
  • Category

    Software

  • view

    162
  • download

    0

Embed Size (px)

Transcript of The Five Imperatives to Drive B2B Personalization

  • The Five Imperatives to Drive B2B Personalization

  • Its table stakes for playing in the B2B space today.

    Just as in B2C buying, B2B customers want you

    to know them and make the buying process easy.

    Theyve come to expect this because in their off time

    theyre B2C buyers just like the rest of us.

    2017 IBM2

    According to Gartner analyst Gene Alvarez, By 2018, B2B companies with e-commerce personalization will outsell those without by 30%

  • True. B2B buying is different.

    Its more complex all around, but now

    B2B businesses are empowered to change

    from the back end to the customer-facing experience.

    B2B firms must leverage the right digital capabilities

    to move toward personalization for their customers.

    Weve identified five imperatives for B2B firms to personalize and improve the customer experience.

    2017 IBM3

  • 2017 IBM4

    1. Personalize marketing messaging with relevance Just like B2C buyers, B2B customers expect to see relevant and customized promotions/messaging. So, B2B firms must:

    Provide the right message to the right customer at the right time

    Display marketing results following business terms and conditions

    Identify both registered users and guests to personalize messaging

    Create unique customer segments

  • 2017 IBM5

    2. Personalize business rules and requirementsDecision makers in B2B firms are often many and dispersed throughout the organization. To accommodate this complexity, B2B firms must:

    Be able to create customized catalogs and contracts

    Customize views and workflow processes by organizational hierarchy

    Personalize templates for quick order, order history, and save orders

    Have flexible payment options

  • 76% of B2B buyers list enhanced search as one of their top three must-have features

    but only 48% of B2B sellers cite enhanced search as a top technology priority

    The

    6

  • 2017 IBM7

    3. Personalize Search and optimize product finding capabilities We spend the majority of our time on the internet searching for information and products. But when searching has the added pressure of filling a business need, it ups the ante. Its critical that B2B firms:

    Align with all catalog entitlement and contract rules

    Have customer-centric searches based on the users role

    Offer type-ahead capabilities Utilize guided navigation and robust filtering

    to support product complexities

  • 2017 IBM8

    4. Personalize guided selling Purchasing for some B2B customers can be very complicated. Guided selling is a customized product selection system that walks the user through the process and ensures order accuracy. Effective guided selling offers:

    Automation of configuration, pricing and ordering Personalized configurations specific to the business Customized automated quoting workflow process

    based on business requirements Intelligent cross-selling and up-selling

    opportunities within contract negotiated products

  • According to the Content Marketing Institute2

    Content personalization is among the top 5 priorities for B2B content

    9

  • 2017 IBM10

    5. Personalize content with customizable and flexible business user toolsBusiness users need the ability to personalize the buying experience, without reliance on IT. This enables agility to modify pages and offers quick implementation.

    Easy creation and management of store pages without the need for IT

    The ability to personalize different page layouts for various needs

    Flexibility to launch segmented marketing campaigns quickly and more

  • 2017 IBM11

    B2B and B2C buyers are differentand the sameB2B and B2C buyers have different demands, but they both want the same exceptional online

    experiences. B2B firms have the opportunity to gain customer loyalty through outstanding, personalized

    purchasing experiences. Anything short of this and customers may reward your competition.

  • Find out more.

    Read The Power of B2B Personalization: Maximizing the B2B digital experience.

    InternetRetailer, Personalized web content will be crucial for B2B sales, analyst says 2 The Content Marketing Institute, B2B content Marketing: 2016 Benchmarks, Budgets, and Trends - North America

    12

    https://www-01.ibm.com/common/ssi/cgi-bin/ssialias?htmlfid=UVW12552USEN&;

    The Five Imperatives to Drive B2B Personalization Slide Number 2Slide Number 3Slide Number 4Slide Number 5 76% of B2B buyers list enhanced search as one of their top three must-have featuresbut only 48% of B2B sellers cite enhanced search as a top technology prioritySlide Number 7Slide Number 8According to the Content Marketing Institute2Content personalization is among the top 5 priorities for B2B contentSlide Number 10Slide Number 11Find out more.Read The Power of B2B Personalization: Maximizing the B2B digital experience.