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	<title>Velocity Partners &#187; B2B Digital Marketing Agency</title>
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		<title>Why B2B customers are easier to lose than convert in one visit</title>
		<link>http://www.velocitypartners.co.uk/2009/11/24/why-b2b-customers-are-easier-to-lose-than-convert-in-one-visit/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=why-b2b-customers-are-easier-to-lose-than-convert-in-one-visit</link>
		<comments>http://www.velocitypartners.co.uk/2009/11/24/why-b2b-customers-are-easier-to-lose-than-convert-in-one-visit/#comments</comments>
		<pubDate>Tue, 24 Nov 2009 18:41:04 +0000</pubDate>
		<dc:creator>Neil Stoneman</dc:creator>
				<category><![CDATA[Our Blog]]></category>
		<category><![CDATA[B2B Digital Marketing Agency]]></category>
		<category><![CDATA[B2B marketing agency]]></category>
		<category><![CDATA[B2B technology agency]]></category>

		<guid isPermaLink="false">http://www.velocitypartners.co.uk/?p=1051</guid>
		<description><![CDATA[Converts to digital conversion practices abounded at Econsultancy's Marketing Masterclass last week.  Find out how you can be the last funnel standing in the interminable B2B buying cycle. ]]></description>
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<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;">I spent a fun and productive day at Econsultancy’s heavily </span><span style="font-size: 10pt;"><a href="http://uk.movember.com/"><span style="font-family: Arial;">moustachioed</span></a></span><span style="font-size: 10pt; font-family: Arial;"> Marketing Masterclass <a href="http://search.twitter.com/search?q=&amp;ands=&amp;phrase=&amp;ors=&amp;nots=&amp;tag=omm&amp;lang=all&amp;from=&amp;to=&amp;ref=&amp;near=&amp;within=15&amp;units=mi&amp;since=2009-11-16&amp;until=2009-11-20&amp;rpp=15">#OMN</a> last week.<span> </span></span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;"><!--[if !supportEmptyParas]--> <!--[endif]--></span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;">I thought conversion experts Craig Sullivan (in particular), Markus Shilling and Louise Mullock stole the show.<span> </span>Why acquire users at vast expense if you’re not going to convert them?<span> </span>The pendulum is rightly swinging in their direction.<span> </span></span></p>
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<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;">They demonstrated that optimization tools, like testing and surveys, plug leaky sales funnels and send ROI charts skyward &#8211; and come with the bonus of shutting off unwanted opinions from those who should know better but don&#8217;t. </span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;"><!--[if !supportEmptyParas]--> <!--[endif]--></span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;"><strong>B2B Website Optimization</strong></span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;">It’s fascinating stuff.<span> </span>I’ve always believed optimization delivers real differentiation in the B2B space.<span> </span>But we must, as ever, tailor what we learn from consumer marketing to a different breed of buyer.</span></p>
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<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;">Consumer sites attract high numbers of users making independent, instant decisions on simple offers.<span> </span>B2B sites attract smaller numbers of paranoid users making collective, long-term decisions on relatively complex offers.<span> </span>Not exactly the same.<span> </span></span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;"><!--[if !supportEmptyParas]--> <!--[endif]--></span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;"><strong>The Nervousness Of Crowds</strong></span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;"><a href="http://www.enquiroresearch.com/Default.aspx">Enquiro Research’s recent report</a> scorched the notion of a logical, systematic and rational B2B buyer.<span> </span>It’s not about being a hero.<span> </span>It’s about not being a zero.<span> </span></span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;"><!--[if !supportEmptyParas]--> <!--[endif]--></span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;">That’s why decision-making committees form and compromise their way slowly through the buying process.</span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;"><!--[if !supportEmptyParas]--> <!--[endif]--></span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;">You can’t hurtle users towards single points of conversion as our consumer cousins’ advocate.<span> </span>Sure we need a clear offer, but we must balance drives with tools to allay corporate and personal fears.<span> </span>You can do this in five broad ways.<span> </span></span></p>
<ul>
<li><span style="font-size: 10pt; font-family: Arial;"><strong>Positioning – </strong></span><span style="font-size: 10pt; font-family: Arial;">Users trust market leaders.<span> </span>A well-positioned expert company is lower-risk than a generalist.<br />
</span></li>
<li><span style="font-size: 10pt; font-family: Arial;"><strong>Experience – </strong></span><span style="font-size: 10pt; font-family: Arial;">Users want some proof of your claims.<span> </span>Show your case studies and testimonials prominently.</span></li>
<li><span style="font-size: 10pt; font-family: Arial;"><strong>Expertise </strong></span><span style="font-size: 10pt; font-family: Arial;">– Users want smart leaders.<span> </span>Line up your  content to prove you’re driving the future.</span></li>
<li><span style="font-size: 10pt; font-family: Arial;"><strong>Stability</strong></span><span style="font-size: 10pt; font-family: Arial;"> – Users know tough times deliver casualties.<span> </span>Don’t be shy to point out you&#8217;ll still be here in ten years.</span></li>
<li><span style="font-size: 10pt; font-family: Arial;"><strong>Community – </strong></span><span style="font-size: 10pt; font-family: Arial;">Users will seek you out in traditional and social media.  Engage them there too.</span></li>
</ul>
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<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;"><strong>What Should We Be Testing?</strong></span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;">Our consumer friends are rightly obsessed with a clear offer, a linear funnel and customer conversion at the finale.<span> </span>And when we’ve got a simple offer we should be too.<span> </span></span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;"><!--[if !supportEmptyParas]--> <!--[endif]--></span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;">But our risk management must also be tested. Do your customers easily find your proof?<span> </span>Is it the right proof?<span> </span>Does it ease their fears? Do they share it with colleagues? </span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;"><!--[if !supportEmptyParas]--> <!--[endif]--></span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Arial;"><span> If you can&#8217;t ease fears you&#8217;re not likely to make the shortlist.  You must test it.</span> Remember B2B customers are easier to lose than convert in one visit.</span></p>
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<p><small>&copy; neilstoneman for <a href="http://www.velocitypartners.co.uk">Velocity Partners</a>, 2009. |
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