Why B2B Marketers Need to Embrace eCommerce...

Why B2B Marketers Need to Embrace eCommerce...

Hint: Because your job (and the company future) depends on it......   

Over the last 10 years, I have met with hundreds of B2B execs in the manufacturing and distribution space. Regardless of industry the story is often the same... the marketing team runs the corporate website and the IT organization manages the customer portals. Unfortunately, this approach has one problem. It doesn't work. Here's why....

Imagine if you needed to book a flight on Delta.com. Instead of logging into one of their well-designed mobile or web apps, you are sent to a bland login screen which takes you to a portal page without graphics or images resembling an online spreadsheet. Would you continue? Most of us would not.

You see...the Delta marketing team gets it. They have partnered with the IT team and invested millions (or more) into better tools for their existing customers. In fact, Delta has shared that they focus more marketing dollars on commerce tools for current customers than they do to attract new ones.

Great commerce experiences are the new norm for airlines, banks and retailers and it will soon be expected from B2B marketers as well.

Now, let's apply that experience to a B2B company like a manufacturer or distributor. The marketers have just started to deploy their "digital plan" by investing in better tools for their corporate website. They may have purchased a CMS tool or hired an agency to redesign the site. But what happens when their wholesale buyer finally decides to make a purchase? Typically they are given an ERP portal with a user experience circa 1995. Or worse, they are required to do business the old-fashioned way and email purchasing to set up a PO and an EDI order. Bottom line, the buying experience in B2B is still not "digital". Meanwhile, a new competitor has entered the market with a decent product but a wicked-fast online portal that makes it easier to find a part, order it and have it tomorrow. Who gets the order?

Ultimately, there are 3 reasons that today's b2b marketers need to partner with IT and embrace commerce as the last mile of their digital strategy;

  1. Loyalty - Combine great products with a reputation of being "easy to do business with" and you will see more orders more often.
  2. Cost - Commerce can often reduce the need for additional headcount during high season and can reduce error rates processing orders.
  3. Survival - Many B2B companies including wholesalers are starting to see online competitors pop up and quickly steal market share.

As a marketer, it is important to anticipate changing market factors. There is no question that both the buyer and their buying habits are changing. Give them a better way to purchase your products and it will likely be a game-changer.  Who knows?.... Your job might even depend on it.

 

   (Thanks for reading!  If you like this article please feel free to like or share)

Amit Kumar Chattopadhyay

We Make Distribution Easy - Build B2B Distribution Channels In Easy Steps Using Vanik Where 50,000+ Verified Distributors, Dealers, Wholesalers, Stockists, Sales Agents Are Looking For New Opportunities

8y

Small and Medium Enterprises (SME) should consider B2B E-Commerce Marketplaces for online business with retailers/dealers/distributors. Without investing in technology and resources - SMEs can straightaway leverage cumulative experience of B2B E-Com marketplaces. BazarA2Z.Com is a B2B Wholesale E-Commerce Marketplace in India - helping SMEs expand distribution channels across India at almost zero cost. Instead of investing in technology and expertise - this is an easy way to upgrade legacy systems and processes.

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Kenya Gibson

Marketing strategist for architectural product businesses

8y

"But what happens when their wholesale buyer finally decides to make a purchase? Typically they are given an ERP portal with a user experience circa 1995." Well said! Death to the dated ERP portal!

Jim Topper

National Sales Manager/ Marketing Director

8y

Great article Brian Strojny I have been seeing this being implemented by several of my competitors and have been looking into solutions for my organization. This technology was seen as a "nice to have" a few years ago and is quickly becoming a "Must have" in the distributor to retail B2B world!

Richard Rebetti

Strategic Operational Improvement Executive

8y

This article clarifies eCommerce. It is not just B2C with the ability to purchase a product and have it billed to your credit card. It is applicable for B2B and it is your customer's entire online experieince including his ability to place orders online without personal interaction unless needed.

Gaurav Mojasia

Product @ LendingKart | x-Flipkart | Aadhaar | SP Jain | Mentor

8y

Indeed. very true. The other reason for them to gear up for commerce is to have better inventory visibility as well. And if the system is well integrated with the buyer's system, you can automatically place orders after a certain threshold.

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